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CELTIC CHIEF PAYS pounds 1.5m FOR LITTLE BIT OF PARADISE; Mansion boasts underfloor heat .. in the driveway.

Byline: Tom Hamilton

CELTIC chief Peter Lawwell is set to complete a pounds 1.5million transfer - to a stunning new home.

The 50-year-old Parkhead chief executive has signed up to buy a 12-room mansion close to his old home on the outskirts of Glasgow.

Thehousehasonlyrecently been finished but has been on the market for several months through estate agents Countrywide.

It is understood it had been viewed by a number of footballers.

But Lawwell, who earns more than pounds 700,000 a year, managed to seal the deal.

The house, built by Glasgow developers Springhill, boasts a wide range of amenities, including underground heating in the driveway.

Market It is only a short distance from Lawwell's former home in the exclusive village of Thorntonhall, Lanarkshire.

Lawwellsoldthedetached villa,whichwasonthemarket for pounds 1.1million, recently - less than four years after he bought it for pounds 850,000.

His neighbours in the village include Celtic star Aiden McGeady, former Rangers winger Peter Lovenkrands,whonowplays for Newcastle, comedians Andy Cameron and Fred MacAulay and bra queen Michelle Mone.

The glossy brochure for the 6750 sq ft house describes Thorntonhall as "a tranquil, tree-lined rural enclave of beautiful homes set within striking avenues and peaceful cul-de-sacs, known as one of the UK's wealthiest and most desirable residential enclaves".

Itsaysthehouse,whichhas extensive gardens on a plot of almostanacre,is anexample of "clean-cut modernity and light-filled expansive spaces with exquisite finishes".

The main house includes a sun room, a dining room, lounge, family room and study as well as a kitchen and kitchen living area and a boot room.

Upstairs are four en-suite bedrooms and a 1.5 storey annexe wing houses a fifth bedroom.

On the second floor is a games room.

Lawwell joined Celtic as financial controller in 1990.

He left the club and held senior positions at Mining Scotland and Clydeport, before returning to Celtic in 2003 as CEO.

He turned down a similar position with a pounds 1million annual salary at Arsenal in October 2008.

Celtic's 2008-09 annual reportrevealedthatheearned a total of pounds 738,987 compared withpounds 550,122fortheprevious year - an increase of about 25 per cent.

He has been credited with helping Celtic increase revenue since his appointment and is considered a tough transfer negotiator.

At the time of the Arsenal approach, chairman John Reid said: "Peter is a valuable and highly valued part of Celtic Football Club and remains so."


BOSS: Peter Lawwell LUXURY: The leafy village of Thorntonhall
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Publication:Daily Record (Glasgow, Scotland)
Geographic Code:4EUUK
Date:Mar 4, 2010
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