This year marks 80 years since the Buccaneers were established, initially as 'Orlando Boys Club' back in 1937, with the team seeking to bring in silverware in celebration thereof.
Following a disastrous start to the 2016/17 campaign, Pirates have just recently managed to turn their fortunes around under new coach Kjell Jonevret, with the team still, however, in ninth place in the league race.
Their only hope of fulfilling their promise at the beginning of the season to add to their trophy cabinet lies in the Nedbank Cup, in which they next face Phunya Sele Sele in the quarterfinal round this weekend.
Celtic themselves have seen a turn in form following the controversial appointment of former Polokwane City coach Luc Eymael, suffering just one defeat – to Kaizer Chiefs last weekend – in their last six matches since the Belgian's arrival.
Lakay, who has been a consistent feature in the last six games, is wary of Pirates' recent form and expects a backlash following Siwelele's league win late last year.
"[This is a] big one for us." Lakay tells KickOff.com. "They [Pirates] still pose a threat even though they have had a poor run this season.
"They have won their last two games if I'm not mistaken, and the key players in their team are also picking up form.
"They will come out fighting, looking for revenge after [we] beat them in the first round of the league."
The former SuperSport United winger says though they are aware of Bucs' hopes of celebrating their milestone with a trophy, they will not have any compassion for their opponents on Saturday evening.
"We won't feel sorry for them because winning this game can also be a confidence booster for our game next Tuesday against Highlands Park," adds the 25-year-old attacker.
"So we would want to win all our games now and hopefully go to the final [of the cup] and also get out of the league relegation zone.
"Obviously I would prefer to survive relegation, but I'm confident we will. It would be even better to survive and win the Nedbank Cup. If we can win this one, I feel we will go all the way."