Celtic will receive a multi-million pound windfall following Virgil van Dijk's move to Liverpool.

It is understood the former Hoops defender left the club in 2015 with a clause in his contract that would see the Parkhead side paid a percentage of any future sell-on fees.

Reports say they are set to land around 10% of the world-record £75million sale between Southampton and Liverpool.

The deal, that will take effect when the winter transfer window opens next week, is the most a club has ever spent on a defender.

The previous record was set in the summer when Manchester City paid £52million for Monaco's Benjamin Mendy.

Van Dijk was expected to join the Anfield club last summer when he handed in a transfer request and has only played 12 English Premier League games since.

In a tweet, the Dutch defender admitted it has been a difficult few months but he is now "delighted and honoured to become a Liverpool player."

He left Celtic two years ago after making 115 appearances and scoring 15 goals over two seasons.