Celtic miss out as £35 million player agrees Rangers move

Celtic v Yokohama F.Marinos - Preseason Friendly
Celtic v Yokohama F.Marinos - Preseason Friendly / Masashi Hara/GettyImages

Celtic need to make signings in January but it looks like one of the players they had been heavily linked with in recent weeks is set to join the Rangers instead. Of course, that could come as a double blow for the club in the title race. Hopefully, they are able to make some statement signings of their own next month.

The player in question is none other than Fabio Silva of Wolves. Both Celtic and the Rangers were believed to be interested in signing him on loan in January. But it is the Ibrox club who have come out on top.

As tweeted by Fabrizio Romano, there is a deal in place between Rangers and Wolves. Agreement has been reached on loan until June. Silva will sign the contract soon.

Silva was signed by Wolves from FC Porto for a transfer fee believed to be around £35 million and was considered as one of the best young talents in the world at that point in time. Unfortunately, things have not gone his way in England. That does not mean that he is not a high-profile signing for the Rangers, and Celtic need to make a few of their own.

Celtic miss out as £35 million player agrees Rangers move

While Silva might have struggled in England, he has had decent loan spells at Anderlecht and PSV. It remains to be seen how things turn out for him at Ibrox.

Celtic need to sign a striker this January as well. On one hand, they have struggled in front of goal for the most part.

On the other hand, Oh Hyeon-gyu has already been selected to represent South Korea in the upcoming AFC Asian Cup and Japan could select Kyogo too. That would leave Celtic without a recognised striker for a considerable length of time, if they don't sign one.