Luis Palma has been struggling at Celtic under Brendan Rodgers.
The Honduran has made just seven appearances for Celtic this season compared to 36 in his first year at the club.
Palma is clearly not fancied by the Celtic manager and it seems like his time at the club could well be over as Rodgers continues to prefer James Forrest, Nicolas Kuhn, James Forrest and even Hyunjun Yang in the wide areas.
Palma was reportedly close to agreeing to a Celtic exit last week with Rayo Vallecano said to be leading the race for his signature.
But according to reports over the weekend, that deal has now been agreed with Celtic set to receive a decent fee for the 24-year-old winger.

Luis Palma has already agreed to leave Celtic for La Liga
Estadio Deportivo reports that Palma has ‘already the agreement’ for a loan move to Spanish side Rayo Vallecano.
The La Liga club narrowly escaped relegation last season and now, Los Franjirrojo, are sitting nicely in 9th position in La Liga with just six defeats out of their first 19 fixtures.
Vallecano have an option to buy Palma at the end of the season and if they do, Celtic could earn £2.1m if the Honduran makes his permanent exit in the summer.
Palma is expected to travel to Madrid next week to sign the deal and become Celtic’s second January exit after Stephen Welsh left the Bhoys to KV Mechelen on loan last week.
Luis Palma’s most important Celtic goals
Palma had a storming start to his Celtic career after joining from Aris in the summer of 2023 in a £3.5m move.
From August to December, Palma scored 10 goals and created 10 as he made a positive impact on Celtic’s defence of the Scottish Premiership and impact on the Champions League.
With that in mind, 67 Hail Hail takes a look at Palma’s most important strikes of his Celtic career:
Luis Palma’s Celtic goals in Champions League
Palma hit two goals in the Champions League for Celtic as he helped end the Parkhead club’s winless run at Celtic Park.
- 10/25/23: Celtic 2 v 2 Atlético Madrid
- 12/13/23: Celtic 2 v 1 Feyenoord
Luis Palma’s important Celtic goals in the Scottish Premiership
- 9/30/23: Motherwell 1 v 2 Celtic. Palma opened the scoring on the 87th minute as a chaotic Celtic win ensued.
- 12/6/23: Celtic 4 v 1 Hibernian FC. Palma made safe the three points scoring Celtic’s third goal of the game.
- 2/25/24: Motherwell 1 v 3. Palma scored Celtic’s third in the 97th minute as Brendan Rodgers’ side left it late against the Fir Park club with a stunning finish to the game.
- 5/18/24: Celtic 3 v 2 St Mirren. Palma made sure Celtic’s Trophy Day ended with a win after the Hoops fell behind twice to the Paisley club.
Receive a digest of our best Celtic content each week direct to your mailbox
