Celtic have announced a £15m (€22m) share issue after revealing majority shareholder Dermot Desmond has agreed to underwrite up to £10m (€14.7m).

Former Celtic defender Stephen Crainey believes the talented youngsters he left behind at Parkhead have a better chance of succeeding under Gordon Strachan than they did under Martin O’Neill.

Hamburger chain McDonald’s is dropping the iconic “Golden Arches” logo from its advertising in the UK for the first time, the company announced today.