​Don't worry Celtic fans, you may have been booted out of Europe by FC Copenhagen, and your bitter rivals Rangers may still be living the European dream, but good news is on the horizon - your Bhoys are tipped to agree a record-breaking kit deal with adidas! Yay! 

The Hoops' £25m-plus contract with New Balance is set to expire at the end of the season, and it seems that they are not prepared to continue their collaboration beyond this campaign.  

Ryan Christie

​The Sun reports that Celtic are in talks with adidas over a long-term bumper agreement that would generate even more money than their current deal with New Balance. If they are able to get the deal over the line - and it's believed to be very close - then it would become the biggest kit contract in Scottish football history.

Several major sports brands have been jostling to replace New Balance as Celtic's kit supplier for the coming years, but adidas are said to be in pole position to secure the challenge of making a hooped shirt look relatively different or interesting from its previous edition. 

New Balance took over from Nike in 2015 as Celtic's supplier, having agreed a deal worth around £25m. 

Celtic are having just as much success on the pitch - domestically speaking, at least - having opened up a 12-point lead over Rangers at the Scottish Premiership summit. The Hoops' European hopes were ended very prematurely, however, after being dumped out of the competition in the round of 32. 

Dame N'doye,Jozo Simunovic

The Scottish giants earned a decent 1-1 draw in Denmark, but they were then stunned at Celtic Park, collapsing to a 3-1 defeat to the Danish side, which abruptly ended their Europa League ambitions. 

Elsewhere, Rangers triumphed over Portuguese side Braga, beating their opponents 4-2 on aggregate, and Steven Gerrard's men have been rewarded with a Round of 16 tie against German giants Bayer Leverkusen. 

Who wants European adventures when you could land a big sponsor for your kit instead, though?