Luis Palma Celtic contract details 'revealed' as winger makes decision for the long haul amid Aris exit push

Luis Palma is set to join Celtic as their seventh summer recruit and will pen a long-term contract in Glasgow.

The Honduran international has been the subject of an 'increased' bid from the Scottish champions after an initial £3.5million swoop for the Aris winger was bumped up. It comes as £4million rated Palma, previously a transfer target of rivals Rangers, is set to miss the weekend's action in the Greek Super League against Lamia as he closes in on a move to Brendan Rodgers' side. The 23-year-old has an impressive CV for the Thessaloniki outfit and it was revealed that he would earn around eight times his current package, working out at around £500,000 per year (around £11,000 a week) for the attacker.

Palma looks set to join the likes of Maik Nawrocki, Gustaf Lagerbielke and Yang Hyun-jun in joining Rodgers' efforts for a Champions League assault, after reports suggested that the wide man had snubbed two clubs chasing him from the cash-rich Saudi Pro League with his sights set on a switch to Glasgow's east end. It's the destination Celtic's Jota went to, joining Al-Ittihad, but the Portuguese has faced a torrid time on the transfer front.

In the case of Palma, according to reporter Giannis Chorianopoulos, he will likely sign a four-year contract when arriving at Parkhead. It has been in the Celtic model in recent years to sign players on a slightly longer deal of five years, with all of the previous six summer recruits penning that length of contract.

Aris are set to bank a record fee for their prize asset, but the club do owe a percentage of the sell-on fee to club Deportivo Vida in Palma's homeland. Reports suggest the Greeks will stand land bonuses throughout the process of the final details being put down.

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