Celtic winger Luis Palma has reportedly reached an agreement with Spanish club Rayo Vallecano over a January transfer. The Honduras international has fallen down the pecking order at Celtic and is expected to leave the club this month.
According to reports, Rayo Vallecano have agreed a loan deal with Palma, with an option to buy for €2.5 million (£2m). The deal is subject to Celtic agreeing to the transfer, but it is believed that the Scottish champions are willing to let Palma go.
Palma has struggled for game time at Celtic this season, making just seven appearances in the Scottish Premiership. He has also been linked with moves to Major League Soccer (MLS) clubs and Olympiacos of Greece.
Celtic are reportedly holding out for a transfer fee of at least €4 million (£3.3m) if they are to sanction a permanent move. However, the loan deal with Rayo Vallecano is seen as a more likely option.
The transfer news comes as Celtic look to strengthen their squad in the January transfer window. The Scottish champions are currently 16 points clear at the top of the league table and are looking to maintain their dominance in the second half of the season.
Key points:
- Luis Palma has reportedly reached an agreement with Rayo Vallecano over a January transfer.
- The deal is a loan agreement with an option to buy for €2.5 million (£2m).
- Celtic are reportedly willing to let Palma go, but are holding out for a transfer fee of at least €4 million (£3.3m) if they are to sanction a permanent move.
- Palma has struggled for game time at Celtic this season, making just seven appearances in the Scottish Premiership.