Sky Sports reporter Anthony Joseph has provided a big update on Celtic’s pursuit of Ange Postecoglou on social media, confirming he does not expect the issues with UEFA to hold up a deal.

The Lowdown: Hoops reach compensation agreement

Celtic appear to be closing in on the 55-year-old after agreeing on a compensation deal with his club Yokohama F. Marinos on Thursday.

The Hoops will reportedly have to hand over a six-figure sum to the Japanese side in order to get Postecoglou out of his current contract.

Celtic have also applied for an exemption with UEFA for Postecoglou to manage in Europe, with Joseph providing some inside information on that news.

The Latest: Joseph brings positive Postecoglou news

Joseph took to Twitter to share the news on the exemption on Wednesday morning.

He was quizzed by a Celtic fan whether the club had given any indication of how long that process will take, to which he said:

“The club haven't, but UEFA said this process could take "several weeks" at most.”

Joseph then added:

“Think that is worst case scenario. From what I've been told there is not expected to be major issues with this. Postecoglou has managed at the top level in Asia for 25 years, including as an international manager.”

The Verdict: All directions lead to a Postecoglou appointment

From the outside looking in, it appears as if Celtic are closing in on securing Postecoglou’s services.

Compensation has allegedly been agreed, Celtic are confident an exemption will be granted and Joseph doesn’t expect any major issues on one either.

However, rewind seven days and a deal for Eddie Howe dramatically collapsed after months of discussions, so, until a move for Postecoglou is officially announced by the club, Hoops fans will likely remain anxious.

In other news: Olivier Ntcham linked with surprise move to AEK Athens, find out more here.