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Photo by Stephen Pond/Getty Images

Transfers

Ipswich have just seen £21m bid rejected for Celtic target

Billy Meyers
Billy Meyers

Ipswich have now had a substantial offer rejected in an attempt to bring a Celtic target to Portman Road.

The Tractor Boys are busy preparing for life in the Premier League after Kieran McKenna remarkably guided them to a second place finish 🌌in the Cham🏅pionship last season, and there is money to spend.

However, Ipswich have now seen a big-money bid rebuffed for a player Celtic also want to sign…

Ipswich have Fotis Ioannidis bid rejected

A story from in Greece now claims that Ipswꦐich 🐬have seen a €25m (£21m) bid rejected by Panathinaikos for Fotis Ioannidis.

It comes after claimed th𝔉at Celtic are also keen to sign the Greece international.

Ioannidis has become a target for both the Tractor Boys and the Hoops after a stunning 2023/24 campaign, in which he scored 23 🌞goals and provided nine assists in 44 appearances.

SPORT24 believe Panathinaikos have rejected the £21m bid, having already rebuffe🐟d an opening offer from Ipswich which was worth €22.5m (£19m).

Photo by Stefanos Kyriazis/NurPhoto via Getty Images
Photo by Stefanos Kyriazis/NurPhoto via Getty Images

The Greek giants have since told Ipswich – as well as Sporting CP, Bolog🌜na, Lazio and Girona – that Ioannidis is not for sale this summer.

Celtic surely out of the race

Ipswich – buoyed by the financial power of the Premier League – are in a position to make an ൲improved bid for Ioannidis and tempt Panathinaikos, although this transfer saga is probably now beyond Celtic⛄.

Celtic’s current record signing is the £9m capture🃏 of Odsonne Edouard from PSG back in June 2018, so a deal north of £20m does not feel possible for the Bhoys this summer.

Photo by GIORGI ARJEVANIDZE/AFP via Getty Images
Photo by GIORGI ARJEVANIDZE/AFP via Getty Images

It would require a significant financial🌸 commitment from those in the boardroom at Celtic Park, but potentially mean Brendan🗹 Rodgers has no funds remaining to bolster other areas of the squad.

READ MORE: Celtic now want to sign £4m defender who used to play as a forward, he could be anoth🎐er Virgil van Dijk

Therefore, we would expect Celtic to be out o🔥f this transfer battle after Ipswich took the bidding up to £21m – and still saw the offer fail.