Derek Rae took to Twitter on Wednesday morning to provide Celtic with a boost in their attempts to sign VVV-Venlo striker Georgios Giakoumakis.

The Lowdown: Terms agreed

The Hoops have been linked with a move for the 26-year-old for just over a week now.

Ange Postecoglou personally called the Greece international over a Parkhead switch, with Giakoumakis impressed by the approach.

Terms have reportedly been agreed between the two clubs for the striker, and it now appears as if Werder Bremen are out of the running for Giakoumakis.

The Latest: Rae’s post

Giakoumakis held face-to-face talks with Bremen over a deal, however, the Bundesliga side struggled to finance a move.

The German side were moving on to alternative targets, with Rae revealing details of a transfer for Marvin Ducksch from Hannover, labelling it as an 'important' development when it comes to Giakoumakis.

“Important one here for Celtic as well as Werder Bremen fans. Bremen are on the cusp of signing Marvin Ducksch from Hannover. Medical expected tomorrow. This will have the effect of ending Bremen’s interest in Georgios Giakoumakis, as I expected”.

A move for Duksch has since been announced by Bremen.

The Verdict: Time for Celtic to wrap up a deal

With Bremen now seemingly out of the picture, it appears as if the Hoops have the perfect chance to get a transfer over the line.

The quicker the better for Dominic McKay and co, as securing Giakoumakis could then give Celtic the chance to cash in on Odsonne Edouard in the final days of the window.

Should that materialise, Celtic may actually come out of the window with a profit, which could be viewed as a shrewd summer for the Hoops.

In other news: Celtic now looking at late swoop for 'fantastic' defender alongside Liam Scales move.