Sunday's 2-0 Scottish League Cup defeat at home to Ross County would have been adjudged the tipping point over Neil Lennon's 21-month spell as Celtic manager but for the violent actions of protesting fans outside the stadium in the aftermath and the club hierarchy continued discussions across Monday as to how best to address the on-field crisis.
Broadcaster Jim White says a senior Celtic source told him that violent protests outside the club's stadium on Sunday had hardened major shareholder Dermot Desmond's resolve to give Neil Lennon more time as manager as the Irish businessman would not "bow to yobs".
Major shareholder Dermot Desmond was so disgusted by the behaviour of fans calling for Neil Lennon's sacking on Sunday that he will offer the manager a last chance to turn the club's season around, starting on Thursday night in the Europa League group stage against AC Milan.
While there are concerns about Celtic's dip in form and results, manager Neil Lennon still has the support of key men on the club's board and the lack of obvious candidates to replace the Northern Irishman, should he be sacked, is also a major consideration.
Former Celtic manager Martin O'Neill is the new bookmakers' favourite to replace Neil Lennon should his fellow Northern Irishman be sacked, with odds also shortening on Hibernian head coach Jack Ross, while odds have lengthened on former Celtic boss Gordon Strachan, currently technical director at Dundee, and former Bournemouth manager Eddie Howe.
Rangers are projected to lose £10m from the Europa League being played behind closed doors because of Covid-19, having made more than £20m last season.
Rangers striker Jermain Defoe has revealed that Sky Sports bosses were upset upset when he signed his Ibrox contract extension because they were keen to use the 39-year-old former England international as a pundit on a more regular basis.