Celtic could rake in a tidy £1.5million profit from the transfer of Moussa Dembele to Atletico Madrid, according to the Scottish Sun.

The Sun reports that Atletico Madrid have permission to speak to Dembele. Spanish outlet AS believes the deal will be a loan with an option to buy at the end of the season.

And the Scottish Sun states that Celtic have a 10% sell-on fee for the PROFIT made on Dembele. This isn’t to be confused with a regular sell-on fee. Given Lyon paid a reported £20m for his services back in 2018 (TalkSport), this would mean they make a £15m profit should he be sold for £35m.

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Given Celtic have a 10% sell-on agreement, we would bank £1.5m from any deal. As of yet, there has been no confirmation that the transfer has been completed.

Should Dembele join Atletico on loan, the cash would only be subject to an agreement going through in the summer. Celtic would need to hope Dembele impresses enough in Spain for Madrid to take up their option. Meaning any fee will only be given to Celtic come the end of the season.

Celtic need any money they can get from Moussa Dembele deal

This summer, Celtic are going to need an expensive overhaul. Don’t be surprised if we need a new manager as well as new players.

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Given the likes of Odsonne Edouard, Kris Ajer, and Olivier Ntcham will be into the final year of their deals, Celtic have a major turnover on their hands. They don’t come cheap either.

The Hoops will also have to offset the hole left by failing to qualify for the Champions League this season. And expect cut-price deals for some of these players also. Players into the final years of their contract don’t go for premium value. We’ll therefore find that out during the close-season.

Former Celtic favourite Moussa Dembele

Former Celtic favourite Moussa Dembele / (Photo by Tim Clayton/Corbis via Getty Images)

So any money we rake in from the Dembele deal will be welcome. We certainly need all the cash we can get to turn this club around in the summer. There will be a demand from supporters to invest this summer, and Celtic need to oblige.

What we receive from this won’t be anything major, and it won’t subsequently change the direction of the club and won’t be enough to bring in the required quality of player we need . But it’ll be a boost. And it all adds up.

And given how much we should be spending in the summer, here’s hoping it’s ultimately used wisely

In other news, Michael Stewart has delivered his verdict on the latest Celtic shambles.

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