Serie A side Venezia have had a bid accepted for reported Celtic transfer target Thomas Henry, according to Football Insider.

Henry, who was hailed as a ‘complete striker’ by Lokeren boss Karel Fraeye, was first linked with a move to Parkhead earlier this month, with reports suggesting that the Hoops were on the brink of winning the race for the Frenchman.

Rumours then cooled, before resurfacing after a move to Gent stalled, with reports suggesting that a move to Glasgow could be back on.

However, Celtic - who have also been linked to Georgios Giakoumakis and Kevin Nisbet - may now miss out on the OH Leuven marksman following a weekend development.

The Latest: Source shares update

Football Insider, who were informed by an industry source, claimed on Saturday that Henry was flying to Italy after Venezia had an offer accepted for his services.

Henry has also agreed on personal terms with the Serie A outfit, who look set to pip both Celtic and Rangers to a deal for the 26-year-old.

The Verdict: Giakoumakis or Nisbet now?

With Celtic now seemingly set to miss out on Henry, it could be a case of looking at Giakoumakis and Nisbet. Should they bring in either of the two on a permanent deal, it may then allow the club to look to cash in on Odsonne Edouard, who is into the final 12 months of his Parkhead contract.

Giakoumakis is valued at £3m, whereas Celtic are thought to be weighing up a player-plus-cash move for Nisbet, so the Hoops could be busy in the final days of the window. Either way, it's time to move on from Henry now that he's seemingly Venezia-bound.

In other news: Celtic set to sign another defender, find out who it is here