West Brom have given Celtic permission to talk to boss Tony Mowbray about the Parkhead managerial vacancy after agreeing a compensation package. A statement on West Brom's official website read: "Celtic have been given permission to approach Albion manager Tony Mowbray after the clubs agreed in principle to a £2million compensation package.

"The package was announced today by Albion chairman Jeremy Peace following talks with Celtic and Mowbray.

"Celtic would also pay an additional compensation figure for the services of Albion assistant manager Mark Venus and first-team coach Peter Grant."

Peace said: "We do not want to lose Tony because he has been an integral part of a long-term project at the club which the vast majority of our fans have bought into.

"But Tony expressed his desire to talk to Celtic and now that the compensation figure in his contract has been met to our satisfaction that process can take place.

"If Tony decides to join Celtic he would leave with our good wishes and we would then immediately put into action the task of appointing a new manager who can take the club forward."