Celtic are set to announce Ange Postecoglou as their new manager early next week, according to The Times.

The Lowdown: Time running out

Time is running out for the Hoops to have Postecoglou present for the club’s first day of pre-season on June 17.

Should a deal go through, the 55-year-old will have to undergo a 10-day quarantine in Scotland, meaning he could miss Celtic’s first day back.

Celtic have also applied for an exemption with UEFA for Postecoglou to manage in Europe and are confident of that going through without any issues.

The Latest: Announcement early next week

The Times shared a story in the early hours of Friday morning, revealing a development that successful compensation talks between the Hoops and Yokohama F. Marinos have taken place.

As a result, Postecoglou is set to be confirmed by Celtic as their new manager early next week, with his assistants Shaun Ontong and John Hutchinson set to follow him to Glasgow.

The Verdict: 100 days of pain set to be over

Should a Monday or Tuesday announcement materialise, Celtic fans will finally have a new official permanent boss, over 100 days after Neil Lennon resigned as manager back in February.

All that will be left in regards to off-field appointments will be to get a new director of football in place, with former Celtic man Shaun Maloney reportedly holding initial talks over the role.

Hopefully, over the past seven days following advanced talks, Postecoglou will have looked at Celtic’s squad in-depth and will already know where he wants to strengthen, as the transfer window officially opens on Wednesday, leaving him little time now before he and any potential new DoF need to get started rebuilding the squad.

In other news: Celtic make bid for 24 y/o defender, find out more here.