Celtic look set to sign Icelandic striker Alfred Finnbogason just ahead of a Champions League signing deadline for £3.25m, while offering £2.5m for Wolves man Kevin Doyle.
The Glasgow club are keen to boost their attack after losing Victor Wanyama and Gary Hooper over the summer, boss Neil Lennon could see Finnbogason as the man to fill the gap.
The 11pm deadline for new signings affects the squad going into the Champions League clash against Kazakhstan side Shakhter Karagandy, and Finnboagason is thought to have impressed Celtic scouts when he scored for Heerenveen in their 2-0 win over NAC Breda.
Lennon has reportedly been working hard to find the right targets to strengthen his squad, and the 24-year-old could provide the answer, along with Wolves man Kevin Doyle.
Lennon has made previous attempts to sign Doyle but without success, however a fresh £2.5m bid could convince the English side to let him go so they can lower their wage bill.