Celtic tried in vain to sign Reo Griffiths earlier this summer, formerly of Tottenham Hotspur.
Griffiths, 18, scored more than 30 goals for Spurs’ academy sides last season and quit the club in order to pursue first team chances elsewhere, and signed with Lyon.
Football London reported earlier this summer that Celtic were keen, before Lyon won the race.
Celtic have a chance now to flex their muscles and demand Lyon send Griffiths to them on a season long loan as part of the Dembele deal.
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