Major Celtic shareholder believes media will drive Old Firm into Premier League

Celtic's largest shareholder Dermot Desmond believes media organisations pressure will lead to the Old Firm eventually joining England's Premier League.

Last year, Premier League clubs voted to reject a proposal to invite Rangers and Celtic into the English top flight.

"What will dictate them joining is the fans and the media companies," the Irishman said in an interview to be broadcast on BBC Radio 5 live on Tuesday night.

"The companies are directing Premier League policy and they'll decide it'll be a good thing if the pair joined."

Desmond proposed a cap on debts and wages at all clubs but believes it may be too late to prevent some going out of business.

"There should be regulations and rules throughout Europe," he said.

"There should be a cap on how much a club can borrow and a cap on wages in relation to its revenue.

"It's important that clubs are not being jeopardised. I'm sure in the next few years we will see some clubs will go out of business."

 
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