Celtic’s stock price surged on Thursday to a high for the year.

The London stock exchange reported the rather large jump and climb the stock has been making in recent days.

There could be many reasons for the jump but it could simply be sown to speculation over a new British league which has pulled the stock up.

The market is certainly reacting to something.

Many Celtic fans would like to believe it’s because a managerial announcement is nearing but there’s nothing concrete in that theory.

Celtic have been without a manager for two months and have yet to show their hand with regards to who will take the club forward.

Dominic McKay is in the building now and is working alongside Peter Lawwell, the current chief exec doing the handover to McKay.

If the stock is a reaction to a proposed British league, it should likely climb down as the days wear on. There has been no quotes from anyone in power that this could be in the offing. It’s all been media speculation.