Football Insider pundit Kevin Phillips has been reacting to Celtic and Rangers’ reported interest in Millwall star Jed Wallace.

Football League World shared a report regarding Wallace just a day after Dominic McKay left his position as Celtic CEO.

They claimed that a number of English clubs, as well as Celtic and Rangers, were all interested in securing Wallace’s services.

The 27-year-old is out of contract next summer and has already been involved in six Championship goals in eight appearances this season.

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The Latest: Phillips reacts

Phillips was asked by Football Insider if right-midfielder Wallace would be a good signing for either Celtic or Rangers.

The former forward labelled Wallace as a 'top' player and backed him to 'shine' if he moved to Scotland.

“Wallace has been a top player for Millwall over the past few years. He has proved to be a good signing for them.

“I think he would shine if he went up there. He has all of the attributes to move up to Scotland, settle in quickly and do really well.”

However, the 48-year-old then went on to name-check Rangers ahead of Celtic, labelling a possible free transfer as a no-brainer.

“We know he possesses a lot of quality so if he goes up to Rangers, which I can see happening, Steven Gerrard will be getting a player who can slot into that squad quickly.

“On a free it really would be a no-brainer."

The Verdict: January battle?

Both Glasgow sides could hold an advantage over interested English clubs due to cross border rules.

Should Wallace’s situation remain the same, both the Hoops and the Gers would be able to discuss pre-contract terms with the Englishman in the New Year, something clubs down south wouldn’t be able to do.

On that basis, a winter window battle between Celtic and Rangers could be on the cards.

In other news: 12 games out - Ange handed more Celtic injury problems as update emerges.