Celtic set to land massive cash windfall next summer

Neil Lennon, Celtic. (Photo by Ian MacNicol/Getty Images)
Neil Lennon, Celtic. (Photo by Ian MacNicol/Getty Images) /

It looks like Celtic will be on the receiving end of a pretty hefty cash windfall next summer if things go according to plan.

Reports are making the rounds that after his career has stagnated at Lyon, former Celtic star Moussa Dembele could soon be on the move. With Spanish giants Atletico Madrid letting go of Diego Costa recently, they’re in the market for a replacement and have reportedly set their sights on the Frenchman.

While it was recently reported that he could be headed to England, it now seems Dembele will likely be heading to Madrid instead as the Daily Record have reported that Diego Simeone’s side are in the process of working out a loan deal with Lyon for the striker through the end of the season with an option to buy.

That estimated transfer fee is reported to be around £32.5 million, with Lyon potentially lining up Leicester City forward Islam Slimani as a replacement. This would be incredibly welcome news for the Hoops, as when Dembele departed Glasgow in 2018 the club negotiated a sell-on clause.

More from Celtic FC News

While the sell-on value is not specifically known, it is estimated to be in the range of 10-15% of the French striker’s transfer fee. This would deliver Celtic some serious spending money if true, ranging from around £3.25-£4.9 million, quite the hefty chunk of change for a club that could definitely be looking to bring in some new players over the summer transfer window as they kick off a rebuilding process.

Dembele has appeared in 16 games for Lyon this season but has managed just one goal. That is a huge downfall in return after he had scored 44 goals over the past two campaigns for the French side.

Unfortunately for the Hoops, his drop in form this season as well as an injury that has limited his availability likely dropped his transfer value sharply from the £50-60 million it was previously estimated at.

Related Story. Pundit makes major claim about Brendan Rodgers’ Celtic exit. light