The former Northern Ireland international wants to end his career at Parkhead but has so far been unable to agree on a new contract with the Scottish champions meaning that he could arrange a pre-contractual agreement once the transfer window re-opens tommorow.
Reports today are suggesting that the former Leicester City and Crewe Alexandra veteran could be offered a wage in excess of £28,000 by Wanderers to return to the English Premiership.
However it is believed that Lennon has been offered a new contract on reduced terms by Celtic to prolong his stay in Glasgow.