Italian transfer journalist Fabrizio Romano has revealed that Jeremie Frimpong is set to sign a new deal with Bayer Leverkusen. Accordingly, Celtic could be set for a multi-million windfall when the player is eventually sold. The Bundesliga side, manager by Xabi Alonso, seem to have persuaded the 22-year-old to continue his development in Germany, despite interest from some top sides.

Speaking on Twitter/X, Romano said that Frimpong will agree a new deal until 2028, which will increase his value.

🚨 EXCLUSIVE: Jeremie Frimpong set to accept new long term deal proposal from Bayer Leverkusen.

Understand Dutch right back expected to sign new contract valid until June 2028, deal being sealed right now.

Many clubs keep tracking Frimpong but he’s set to accept Bayer proposal. pic.twitter.com/tcTl2dXF5j

— Fabrizio Romano (@FabrizioRomano) October 2, 2023

Why is this relevant to Celtic? Well, the sell-on clause included when Frimpong left Glasgow in the January window of 2021 means that a substantial fee would be returned if, as is expected, Frimpong moves for big money in the future.

The young fullback joined Leverkusen in January 2021 after an impressive spell with Celtic; he was only there for 18 months. Frimpong, who turned 22 in December, will be attracting interest in the summer as he looks for another move in his short career.

The move has paid dividends for both Celtic and the player as he has been able to push on after struggling to see a path under Neil Lennon in the 2020/21 season. Now, he is attracting interest with powerful running down the right-hand side.

Reports have previously indicated that a fee of up to £50m could be reached, resulting in a great sell-on returning to Celtic Park. Celtic, who paid £350,000 for the player’s services from Manchester City, received an offer they couldn’t refuse for Frimpong and it was off to the Bundesliga and Bayer Leverkusen for Jeremie for a fee on £13m. Even with a sell on clause due to City, Celtic will certainly net a tidy sum on Frimpong’s next move.