CFR Cluj have rejected an offer from Celtic for their star striker Louis Munteanu, according to a report.
The Scottish Premiership champions are said to have submitted an €8m (£6.9m) bid for the Romania Under-21 star.
However, outlet iAMsport.ro claims this was instantly thrown out by Cluj owner Ioan Varga.
Their sources claim the Romanian side wants in excess of €10m for the frontman.
The story goes on to state that Varga, has declared he wants at least €18m for Munteanu, which would work out at around £15.6m.
So, the offer from the Hoops was knocked back, as other teams such as Rennes, Lille and Nice keep tabs on the situation.
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Munteanu joined Cluj from Serie A side Fiorentina last year.
He enjoyed a sensational debut campaign in his homeland, scoring 23 goals. This made him the league's top scorer.
Munteanu also played for the Romanian U21 national team at the European Youth Championship in Slovakia, where he scored in their match against Spain.
