Incoming Celtic chief executive Dominic McKay looks set to make changes to the “entire business model” at Parkhead.

That’s according to finance expert Kieran Maguire, who was speaking exclusively to Football Insider.

Celtic announced last week that McKay will leave his role within Scottish Rugby on Friday, allowing him to begin his work with the Hoops next Monday – 10 weeks earlier than initially planned.

Peter Lawwell will stick around to help with a smooth transition at Celtic Park for McKay, with the 61-year-old set to retire at the end of June.

Talking to Football Insider regarding McKay’s arrival in seven days time, Maguire believes that big changes are imminent. He said:

“If you look at any business, the culture of the business is determined at the top.

“Dermot Desmond is not a hands-on owner. With Peter Lawwell going and the manager going as well, there’s a bit of a vacuum.

“Celtic have got to start planning for the post-Lawwell era. They’ve also got to plan for a post-Neil Lennon era.

“This season has clearly not been successful. Celtic’s entire business model will now be challenged to an extent.”

Transfer Tavern take

One of McKay’s first major tasks could be to help bring in a new first team manager, as well as looking to fill the newly-created director of football role.

During the coming months, McKay could get some important building blocks in place, and it seems as if Maguire thinks the club’s "entire business model will now be challenged" as a result of his impending arrival.

In our view, bringing McKay in now instead of July, as initially planned, is a positive move. It will allow him to settle into life in Glasgow ahead of the 2021/22 campaign, giving him plenty of time to have his say on some major off-field decisions.

In other news: Celtic could make big loss on Odsonne Edouard, find out more here