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Murphy could be waving goodbye to Easter Road next month

Tommy Craig expects Hibernian to hold out for a large fee should they agree to sell left-back David Murphy.

The former Middlesbrough player has been linked with Celtic, Rangers and several English top-flight outfits.

But caretaker manager Craig said: "With David Murphy, we know that clubs are going to be looking at him.

"If David Murphy does leave Easter Road in the not too distant future, I am pretty sure it will have to be a helluva offer."

BBC Sport understands that no concrete bids have been received for the player, who missed Wednesday's defeat by Kilmarnock through injury.

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But that is likely to change once the transfer window opens on 1 January.

And it is believed that manager John Collins resigned last week because he would not be given a substantial chunk of the proceeds of any sale to rebuild his side.

"I would like to think, as long as I am still here, he will be here," said Craig, who has applied for the managerial vacancy and hopes a decision will be made soon.

"You saw how good a player he was against Celtic and that is the norm.