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More good news for Celtic as key Mainz figure comments on Cho Gue-sung speculation

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A key figure at Bundesliga side Mainz has admitted that the Germans could be priced out of a move for Celtic target Cho Gue-sung this month.

It is already known that Celtic have bid for the South Korean forward who netted twice at the recent World Cup.

Mainz also have a real interest in the player, but their ‘board member for sports and communication’ Christian Heidel has today been speaking.

1. FSV Mainz 05 v Eintracht Frankfurt - Bundesliga
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“We are looking for strikers. That’s not a secret,” he said. (The Herald)

“With regards to Cho Gue-sung, we like the player – that’s why we asked the question to his club.

“But if Jeonbuk Hyundai Motors can sell him for the price quoted in the media of €3m (£2.65m), then Mainz doesn’t matter because we won’t be in the market.”

Rangers FC v Celtic FC - Cinch Scottish Premiership
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So it is pretty clear from those quotes that Mainz have an upper limit for what they’re prepared to spend on Cho Gue-sung.

This is more good news for Celtic after yesterday’s report that the player has his heart set on a move to Europe.

Without knowing Celtic’s intentions fully, you would assume we’d be happy to pay more than £2.65m, given that we shelled out nearly £5m for Kyogo 18 months ago.

Most of our signings under Ange Postecoglou have tended to be around the £2-4m mark so it is no surprise to find out that’s what Cho is likely to cost.

This one may rumble on for a bit longer, but the noises are increasingly encouraging.

In other news, Celtic fans got a chance to find out more about Tomoki Iwata yesterday