Talks between Celtic and Shamrock Rovers are set to intensify after the SPL giants expressed an interest in buying a stake in their fellow Hoops.
Ray Wilson, whose family trust along with Seumas Dawes of club sponsor Pepper Money own half of Rovers, is due back in Dublin from his Australian base in the coming weeks to crank up negotiations.
It is believed Celtic favour assuming overall control of the biggest brand in Irish football. Any ceding of shareholding will require a meeting of Rovers members, who will be interested to discover the terms of any proposed agreement. Celtic's Irish chairman Dermot Desmond has in the past pondered various ventures into the domestic game but it is understood the Hoops' progress in recruiting some of the best teenage talent in the country has made them a more attractive investment.
Meanwhile, Rovers are favourites to capture former Bohemians striker Ali Reghba.