Celtic have discovered the asking price required to sign Argentinos Juniors midfielder Fausto Vera this summer, according to a report from Brazilian outlet Lance.

The lowdown: Hoops interested

Following initial tentative links from South America citing the Hoops as potential suitors for Vera, journalist Fraser Fletcher took to Twitter to confirm the admiration from the Glasgow giants.

Unfortunately for the Bhoys' chances, there is also interest forthcoming from Belgian side Genk and Brazilian outfit Corinthians, as the 22-year-old Argentina youth international suddenly looks like hot property.

Amidst the battle to land the combative midfielder, a fresh report from Brazil has now shed some light on what it may cost in order to prize Vera away...

The latest: Price revealed

As per Lance, Argentinos Juniors 'want' at least €6.5million (£5.5million) for the eight-cap Argentina Under 23 starlet.

It's claimed that the Argentine Primera Division club have already rejected bids from Genk and Corinthians of around €4million (£3.4million) during the ongoing transfer window.

The report also suggests that the two other suitors could return with improved offers for the playmaker, who has recently taken his game to 'another level' according to football writer Chaka Simbeye.

The verdict: Pay up

In the final 12 months of a contract in his homeland (Transfermarkt), the mooted asking price is already reflective of a need to cash in on the talented youngster and Celtic should waste no time in meeting the demands.

Predominantly operating as a defensive-minded midfielder during the 2021/22 campaign, Vera scored four times and provided three assists in 24 appearances across all competitions, earning an outstanding 7.13 Sofascore rating whilst winning 5.1 duels, completing 1.0 dribble and making 1.4 interceptions on average per Argentinian top-flight outing.

That stellar form, combined with still possessing the room to develop further, makes the young ace a superb potential addition to Ange Postecoglou's ranks as a replacement for Nir Bitton.

This is a deal that the Parkhead hierarchy should be doing everything in their power to make a reality.