Hoops make McCarthy bid

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Reid refused to divulge the amount of the offer but revealed it was set to be rejected by the Lanarkshire club.

He said: "The club have received an offer for James. I can say at this stage that it will be rejected."

Celtic's offer is the second to be knocked back by Accies in the past week after they rejected an approach from Portsmouth for a fee reportedly in the region of £500,000.

McCarthy, 18, is arguably the hottest property in Scottish football and recently capped a superb debut season in the Clydesdale Bank Premier League by winning the PFA Scotland Young Player of the Year award.

His agent Willie McKay has claimed the player would snub a move to the Barclays Premier League in order to join Celtic.

Reid added: "We're keeping James informed at all times of the situation.

"At this stage, he's just focusing on the final two games of the season."

Should Hamilton reject Celtic's initial bid, it remains to be see whether the Scottish champions will return with an improved offer.