Odsonne Edouard Celtic transfer sell-on revealed as Hoops stand to bank knock-down profit amid Leicester interest

Celtic stand to bank a profit of just £5.5m on Odsonne Edouard this summer – if their £20m price tag is met.

Record Sport understands that - despite wildly fluctuating reports - the sell-on clause in the deal which took the club’s record signing to Parkhead from PSG three years ago is a whopping 50 per cent of the difference between that £9m transfer and his next move.

Brendan Rodgers’ Leicester City lead the race for the Hoops star and are poised to test the water with a bid of around £15m for the Frenchman.

But the Parkhead giants are set to dig their heels in for a minimum £20m with Arsenal, Newcastle and Aston Villa also keen on taking the 23-year-old striker to the Premier League.

Interest remains in Italy too with AC Milan and Napoli long time admirers of Edouard who was last night named in the France U21 squad for the final stage of their European U21 Championship campaign which resumes on May 31.

However, a source directly involved in Edouard’s switch from Paris Saint-Germain to Celtic Park three years ago has told Record Sport that even if the £20m valuation is met that would leave the Hoops just over £5m in profit.

That’s because the sell-on clause requires the Hoops to hand PSG half of the profit on his next transfer fee.

Odsonne Edouard makes it 2-0 (SNS Group)

That, of course, would be bolstered by any future sell-on the Hoops themselves insert in his next transfer.

But it’s a significant drop from the windfall Celtic could have been looking at had they cashed in on their record signing 12 months ago after he fired them to 9 in a row.

Despite a new manager arriving in the coming weeks, with Eddie Howe waiting in the wings, Parkhead powerbrokers have accepted Edouard will move on this summer as his contract enters its final 12 months.

Leicester boss Rodgers, who took the player to Celtic initially on loan in 2017 before making the deal permanent a year later, is at the front of the queue.

But the Foxes will need to up the ante if they are to land a player who has struck 85 goals in 168 appearances for the Hoops as well as 17 goals for France U21s.