Celtic Head of Football Operations Nick Hammond is waiting with interest to see the outcome of Brazilian club Cruzeiro’s current financial woes, The Daily Record report.

The Hoops are showing great interest in £3m-rated centre-back Fabricio Bruno, as we’ve discussed already this week.

However, new comments from Cruzeiro chief Pedro Loucreno show just how desperate they are to recoup some cash and get high-earning players off their wage bill following relegation.

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As quoted by The Record, he’s said this week: “We have to live from reality, Cruzeiro today is a broken team. No money to pay the cook.

“We’ll have to talk to everyone. A team in the Second Division cannot afford to pay an athlete who earns $ 500,000 or $ 1 million. Let’s talk to them (the players) and try to see what is best for them.


“If we have no cash, how will we pay? We have to try to fit players into another club or whatever they think is best within a legality.”

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Reported Celtic target Fabricio Bruno

Reported Celtic target Fabricio Bruno (Left) / (Photo by Pedro Vilela/Getty Images)

Celtic in pole position but can’t wait too long

As previously reported, Bruno is currently taking his club to court to make his contract null and void, in which case Celtic could pick him up for free.

It looks like, whichever way that shakes out, the Hoops are in a great position to pick up a real bargain given the club’s problems.

However, Celtic can’t afford to wait too long on any protracted legal drama. January is a short month and we must be able to deliver in the positions Neil Lennon wants to strengthen.

If that means missing out on Bruno because of contract problems in Brazil, then so be it.

No doubt Hammond and company will have other targets lined up in case this one falls through or threatens to become far too messy an affair to get involved in.

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