Celtic have been heavily linked with a move for VVV Venlo striker Georgios Giakoumakis this summer.
According to recent reports, Werder Bremen were also keen on signing the player, but they have now dropped out of the race to sign the Greek international.
As per De Telegraaf (h/t Sport Witness), the latest development has put Celtic in the driving seat.
The Scottish giants are prepared to meet the asking price for the 26-year-old, and a deal could be concluded soon.
It was recently reported that Celtic had agreed to pay around £2.