Celtic legend Peter Grant believes Hoops fans would never have allowed their club to get themselves into the same fiasco Rangers found themselves in 2012.

Gers fell into Scottish football's Third Division after financial mismanagement and were plunged into administration.

The club were led by Craig Whyte but fell foul of poor management.

Graeme Souness didn't elbow me during Old Firm clash over mutual respect, says Celtic hero Grant

Grant, though, compared the incident to Celtic's own issues off the field in the 1990s when they were taken over by Fergus McCann - the man credited with saving the Hoops.

And he revealed his total belief that fans of the Parkhead club would never have accepted that their side would go under - because they love the Hoops too much.

Speaking on Si Ferry's Open Goal show, Grant told of McCann: "Fergus was a quiet man who liked his own company but true to his word he said 'in five years we'll have this, this and this'.

"Every one of them came true.

"The supporters would never have let that club die, never in a million years.

"Celtic is their life, it's why the son and the father go their holidays together to watch the team in pre-season and the mother and daughter go to Spain.

"That's their life.

"Celtic would never have died and been in the situation that other clubs have been in. 

"The supporters would not have allowed that to happen.

"I'm delighted Fergus came in, he had a fantastic vision and he stood by it.

"Within five years everything he said came to fruition."