Celtic transfer target Fabricio Bruno 'closing in on move to new club' - reports

Celtic transfer target Fabricio Bruno is reportedly close to signing for Red Bull Bragantino, according to reports in Brazil.

Diario Celeste believes the centre-back, who was linked with Celtic amid a legal wrangle with current club Cruzeiro, is close to joining the Sao Paulo outfit following Cruzeiro's relegation to the country's second tier.

The 23-year-old was linked with a move to Celtic last month, Globoesporte claiming the Hoops had an offer of around £2.5 million rejected.

Cruzeiro's head of football operations, Marcio Rodrigues, confirmed there had been an offer for the 23-year-old, adding: "[Celtic] made an offer but it doesn't come close to what we want."

Fabricio Bruno, seen here celebrating a goal for Chapecoense, is on the cusp of a move to Red Bull Bragatino

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Celtic reportedly made an offer to acquire 70 per cent of the player's rights and while this fell through, a potential loan deal remains on the table.

Portuguese side Braga, who face Rangers in the Europa League knockout stages, had a bid of around £1.6 million for the player turned down last month but Bruno now looks set to join Bragatino in the coming days.