According to reports, Celtic are about to announce that they have completed £9m deal with Paris Saint-Germain over the signing of French star Odsonee Edouard on a permanent contract. Edouard was highly impressive for the Scottish champions this past season in his season long loan for the club.
Celtic had an option to buy the player which is said to valid until the end of this week and the club’s Chief Executive Peter Lawwell has now concluded the deal with the French side which will see the player join Celtic – and be given the famous Number 7 jersey.
Reports claimed Celtic’s agreement last summer that was reached with PSG was believed to involve a transfer fee of £9m but Brendan Rodgers later denied that the fee was too much. However, with Celtic earnings huge add ons for Champions League Qualification and a sell-on clause very likely to be part of the deal, it is fair and reasonable to believe PSG could earn around £10 million from this transfer.
According to Sky Sports News, Brendan Rodgers has opted to take advantage of that clause after being left impressed by the youngster’s contribution last season.
Should a deal go through, Celtic will break their club transfer record, which was set when Chris Sutton left Chelsea for Glasgow back in 2000.
PSG will also take a step towards improving their position with FFP with UEFA still monitoring the finances of the French club.