Luis Palma’s future at Celtic has taken another twist after Rayo Vallecano withdrew their bid for the winger due to a newly imposed transfer ban.

The Honduran international was set to complete a loan deal with the La Liga club, which included an option to buy. However, those plans have been derailed after Rayo were slapped with a three-window ban from registering new players due to outstanding debts—a significant setback for the Madrid-based side. (Sky Sports)

Reports from Sky Sports’ Anthony Joseph on X suggest Celtic were reluctant to part with Palma in this window, despite interest gathering momentum abroad. The Hoops had maintained a cautious approach, aware of the player’s potential impact if injuries occur.

Despite the collapse of this particular deal, Palma’s name remains on the radar of several clubs across Europe, including Serie A’s Genoa and Greek giants Olympiacos. However, no formal offers have materialised, leaving the 23-year-old’s immediate future hanging in the balance.

Luis Palma Celtic
22nd December 2024; Tannadice Park, Dundee, Scotland; Scottish Premiership Football, Dundee United versus Celtic; Luis Palma of Celtic looking dejected after the final whistle

Meanwhile, Celtic have been busy scouting options to strengthen their wide areas. Earlier in the window, the club were linked with Royal Antwerp winger Michel-Ange Balikwisha, though no deal emerged from those talks. [RecordSport] It’s clear that Brendan Rodgers is keen to bolster his attacking depth before the window slams shut.

For now, it’s business as usual for Palma, who looks set to be part of the squad for tonight’s away trip to Dens Park. Rodgers confirmed the winger’s availability in his pre-match comments (Celtic Youtube), reinforcing the Honduran still has his part to play.

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