Olympiakos will not exercise their option to purchase on-loan Celtic 25-year-old Luis Palma at the end of the season after the Honduras winger failed to fully establish himself with the club crowned Greek league champions on Sunday. (EDN TV)

Celtic and Rangers have joined the race to sign 17-year-old England youth winger Jesse Derry, who is out-of-contract this summer after rejecting a professional deal with Crystal Palace and could leave for a compensation fee. (Scottish Sun)

Former Celtic defender Adam Virgo says he felt let down by then manager Gordon Strachan, who had promised he would be first-choice right-back when persuading him to sign from Brighton & Hove Albion but then rarely playing him. (Under The Cosh podcast)

Former Celtic defender Charlie Mulgrew, who resigned after less than three months as Kelty Hearts head coach, is embarrassed by his spell with the Scottish League 1 club, admitting he did not enjoy his first foray into management. (Open Goal)

Scottish FA president Mike Mulraney has initiated discussions on a shared stadium of between 3,000 to 5,000 spectators for Celtic, Rangers and Glasgow City’s women’s teams in a push to accelerate the growth of the game ahead of Scotland co-hosting the 2035 Women’s World Cup. (The Herald)

Football fans heading to this weekend’s Scottish Cup semi-finals at Hampden Park have been handed a timely travel boost, with ScotRail confirming additional trains and extra seats to help supporters get to and from the national stadium. (The Herald)

Read Wednesday’s Scottish Gossip in full.