Celtic in talks with Queen's Park over co-operation deal
Those players are able to move freely between the two sides over the course of the loan rather than only being able to be recalled in a transfer window.
The parent club will continue to pay the player's salary but can recall him at any time and send out a replacement.
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This will come into place when the transfer window opens on June 16. The loan system will also remain in place, meaning clubs can use both to get their young players more game time at a competitive level.
Several clubs are already in talks, as revealed in The Herald, with Celtic being one those.
Discussions are ongoing with Queen's Park about entering into a co-operation system.
The clubs have an existing relationship with the Hoops having loaned out Adam Montgomery and Dane Murray in recent times.
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