Luis Palma is reportedly wanted by three clubs with neither Celtic or Olympiacos looking to keep him.
The Hoops winger has been back in Greece on loan since January but hasn't been a regular for the Super League champions, starting just two league games.
As a result, Olympiacos have decided not to pursue a permanent deal for the 25-year-old and will instead send him back to Parkhead, where he still has three years left on his deal.
But he is not seen to have a future at Celtic either, leaving him at a crossroads in his career two years after signing from Aris.
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Greek outlet Sportime are reporting that while Olympiacos are not keen on the player, three other Super League sides are willing to offer him a lifeline.
One of those is the closest challengers for the title, Panathinaikos. The Athens giants were thought to be keen before Palma joined their rivals and don't seem to have been put off by his lack of game time since.
The other two sides to make up the top four, PAOK and AEK Athens, are both in the market for a new winger and make up the list of clubs interested in the Celtic man.
Palma scored his only Olympiacos goal against AEK and they may be in pole position for his signature with a claim they've already entered negotiations with Hoops chiefs.
The Honduras international previously impressed in Greek football with Aris and would hope he can resurrect his career with a return.