Updated 12.32

CELTIC ARE ON the hunt for a new manager following the shock news that Neil Lennon has resigned.

Lennon’s agent Martin Riley confirmed the news following multiple reports that talks over his future and the playing budget for next season had reached an impasse.

“Four years is a good spell to be manager of a club like Celtic but now Neil wants to look ahead to the next chapter of his career,” Riley told AFP.

Celtic are expected to make an official statement later today.

Club legend Henrik Larsson has already been installed as the red-hot favourite to take up the post, with former Manchester United boss David Moyes also rumoured to be in contention.

Lennon, 42, was appointed in 2010 and won three SPL titles and two Scottish Cups in his four seasons at Celtic Park.

But reports of unrest started to surface last month when his number two Johan Mjallby stood down, saying that he wanted to ”seek some different opportunities.” 

Lennon has been linked to the vacant jobs at West Brom and Norwich.

– First published 12.06

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