Speaking on The Celtic Exchange podcast, David Low, who was a key figure in Celtic’s infamous 1994 takeover that saw Fergus McCann sweep to power and change Scottish football forever, has given his insight as a finance expert and a dose of reality for his fellow fans:

Motherwell have also been hit with a suspended reduction to allocations and it comes after both this season's League Cup semis as well as the Old Firm final were held up due to fireworks

There is an update regarding Rangers' takeover though. One that will interest the Celtic fans, as they surely have been keeping an eye out on the situation too. According to Sky Sports, a deal for Rangers to be taken over by US investors has been agreed in principle.

27 Aug 2000: Billy Dodds (left) of Rangers slides into Alan Stubbs (right) of Celtic during the Scottish Premier League match played at Celtic Park, in Glasgow, Scotland. Celtic won the match 6-2. Mandatory Credit: Stu Forster /Allsport

CHRIS SUTTON does his best to talk up Scottish football. But it’s not often he’s praising Rangers in doing so… Well tonight he’s done just that – sort of. Barry

Alan Hutton has told Jeffrey Schlupp that his best option would be to sign permanently for Celtic next season from Crystal Palace.

Former Celtic manager Neil Lennon was spotted alongside former Celtic player David Elliot, sports broadcasters Chick Young and Tam Cowan, former Rangers player Gordon Smith at The Drake with owner Andrew McCartney of Merchant Pubs & Bars who are also operate Blackfriars, The Duke’s Umbrella and Barras Art and Design.

New UEFA report reveals Rangers in top 20 clubs in Europe for gate revenue in 2024; Celtic among top 10 European clubs in terms of largest pre-tax profits recorded and sit in the top 20 for kit and merchandising revenue;

Jose Mourinho has opened the door to one day managing Celtic or Rangers, saying buoyant matchday atmospheres could entice him to the Scottish Premiership.

There is speculation surrounding Rangers right now. 49ers Enterprises are believed to have their eyes set on the club. And it might be exactly what Celtic need. The group have already enjoyed a decent level of success with Leeds United, who are currently leading the Championship.

Celtic, Rangers and Motherwell have all been sanctioned by the Scottish Professional Football League after being found to have breached rules following use of pyrotechnics by their supporters in last year's Premier Sports Cup semi-finals and final.

Celtic, Rangers and Motherwell have been punished by the SPFL after their supporters used pyrotechnics during the semi-finals and final of