Olympiacos have reportedly officially informed Celtic they won't be taking up their option to buy loan winger Luis Palma.
Palma was part of the Greek club's title-winning celebrations at the weekend after he was shipped on loan from Celtic in January, following a disappointing first half of the season, where he made just one league start.
However, he's only made two starts for the Athens club and Olympiacos are unwilling to meet his £3.5 million clause, which would enable them to turn the loan into a permanent one.
Reports in Greece have stated that they have now informed Celtic that Palma will be returning to Glasgow when his loan deal expires after the Greek Cup Final against OFI Crete later this month and the final game of the league season against Panathinaikos on Sunday.
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Olympiacos boss Jose Luis Mendilibar has used the Honduran international sparingly and he now faces an uncertain future on his return.
He said last month: "I have already made my decisions about the players who will stay and who will go at the end of the season.
"And it will be very difficult for them to change my mind in the remaining games of the season."
Palma still has three years left of his deal at Parkhead.
