Rennes are in advanced talks to sign Celtic striker Kyogo Furuhashi for around £10million.
Sky Sports News understands an offer is on the table, with the possibility of Jota returning to Glasgow also discussed separately.
Kyogo has been a key player for the Hoops since arriving in Scotland in the summer of 2021 under Ange Postecoglou.
However, his form for Celtic has not always been recognized by Japanese coach Hajime Moriyasu, who has previously criticized the Scottish league.
It is believed Kyogo would welcome the chance to join a club in one of Europe’s top five leagues despite Celtic’s progress to the Champions League knockout stages.
The 30-year-old, who had three goals disallowed against Young Boys on Wednesday night, has scored 85 times for the Hoops in all competitions.
Sky Sports News understands Celtic would be open to a return for winger Jota, who has been frozen out at Rennes following his summer move from Al-Ittihad. The Hoops are exploring the possibility of a deal for Jota, separately.
Jota left Celtic for Al-Ittihad in 2023 for a then record fee of £25m.
“If a player doesn’t want to be here, then go”
Brendan Rodgers admitted last week that it won’t stop anyone if their heart wants to leave Celtic:
“I think the biggest thing is if a player doesn’t want to be here, then he leaves, and then it’s at that point, then the club has to get the best deal possible. So I never see the point for him kept someone who does not want to be here.
“But I think that for us, they are all eventualities. We prepare for this, be it injuries or transfers. You should always be ready and that is our message.
“But for him (Kyogo) at this point in time, he’s happy, he’s working well, he’s scoring goals and he’s enjoying his football.
“People always look at something – ‘he didn’t party enough or he didn’t do this or he didn’t do that.’
“I see him every day, I see his work, I see his intensity. And maybe he scores so much that he doesn’t have to celebrate crazy all the time. Or maybe it was too cold. But he’s the same guy. .
“But there’s always speculation and we’re not afraid of speculation and rumours. So there’s always going to be bits and pieces around him.”