Celtic lead chase for Aberdeen's Jonny Hayes
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It was reported earlier this week that Aberdeen had asked their Ladbrokes Premiership rivals to up their offer after Cardiff matched the £1.2million valuation.
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Hide AdHowever, the English Championship side have now performed a U-turn, withdrawing the offer and leaving Celtic as the leading bidders.
Aberdeen are seeking to take Ryan Christie on loan for the season as part of the deal.