Paul Lambert’s decision not to renew his deal with Blackburn Rovers has fuelled speculation he could become the next Celtic boss.
The Lancashire club announced on their official website that the former Scotland international has activated his release clause which will see him leave Blackburn in the summer after their final game against Reading on May 7.
The move has sparked a frenzy of action in the betting markets, with Lambert’s odds on becoming the next Celtic manager being slashed from 33/1 to being the favourite at 7/4, taking over from David Moyes, who exclusively told PLZ Soccer, he was interested in the position.
“I would like to place on record my thanks to the Owners, and especially the players, staff and fans for the tremendous backing and support I have received since I arrived,” Lambert told the club’s website.
“It’s a brilliant club, with great people, and I wish it every success in the future. For now, I remain fully focused and determined to try to win the final two games of the season, starting this Saturday against Rotherham.”
Lambert, a Champions League winner with Borussia Dortmund, won four SPL titles and three Scottish Cups with Celtic between 1997-2005.