Rayo Vallecano have opened talks over a loan move for Celtic winger Luis Palma.
And the Spanish club want a purchase option allowing them to buy the Honduran international for £2.1million.
Brendan Rodgers is narrowing down the search for a new left winger this month.
And, despite appearing as a second-half substitute in Celtic’s 2-0 win over Dundee United on Wednesday night, the 24-year-old has slipped down the pecking order and wants to try his luck elsewhere.
Linked with clubs in MLS, Spanish publication Estadio Deportivo claim Vallecano have already secured Palma’s agreement.
They will now enter negotiations with Celtic in a quest to finalise a deal.
Rayo Vallecano have opened talks with Celtic over a loan move for winger Luis Palma
Stephen Welsh has moved to Belgian Pro League side KV Mechelen until the end of the season
The Parkhead club have already agreed a £4.5m deal to sell left-back Alexandro Bernabei to Brazilian club Internacionale.
Norwegian midfielder Odin Thiago Holm will also head out on loan to MLS side Los Angeles FC while central defender Stephen Welsh has moved to Belgian Pro League side KV Mechelen until the end of the season.
As Mail Sport first reported, Atlanta United are also keen to snap up Kyogo Furuhashi in a £9.5m deal, with the Japanese attacker keen to secure one final pay day.
With crucial Champions League games against Young Boys and Aston Villa on the horizon this month, Celtic could delay departures until the end of the window.
