Date: 9th January 2008 at 11:20am
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Celtic are now demanding a fee in the region of £1million before they will release of out-of-favour striker, Derek Riordan. This is the latest gossip provided in the Daily Mail

It would appear that Burnley had also earlier put in a loan bid for the 24-year old striker but had this turned down.

Owen Coyle is understood to have wanted Riordan who is 25 this week, until the end of the season, with a view to a permanent deal and was not interested in paying the full asking price at this time.

Celtic’s £1 million price-tag seems excessive for a player they purchased for just £150,000 in June 2006 especially since the player as only started just two SPL games this season and is clearly out-of-favour, not featuring in the Parkhead club’s plans. Celtic are understood to now be agreeable to his departure, but are seeking substantial compensation.

This would appear to rule out any interest now by the Clarets and the suggestion there may have been a link to Lafferty going the other way in part-exchange also seems to be dead in the water