“HE IS NOT WORTH IT” Atletico Madrid rejects Celtic’s tagged transfer price on Matt O’Riley.

This summer, clubs all over Europe are exploring a move for the Hoop’s star player.

Atletico Madrid allegedly informed Celtic that they WON’T meet Matt O’Riley’s rumored £33 million asking price.

The 23-year-old’s interest in La Liga heavyweights seems to have rekindled after being rejected by the Scottish Premiership winners. Diego Simeone is keen on the player after he made an impression during the Champions League matchup with the Hoops last season, which is why Atletico is “closely monitoring” the Denmark cap this summer. The team is eager to recruit a midfield player this summer, as there are rumors circulating in Spain that O’Riley’s contract is worth €40 million (£33 million), according to Celtic.

However, it seems apparent from the most recent Spanish news that the Madrid team won’t meet the valuation. According to Fichajes, Atletico sees the valuation as a “complication” for their summer chase and has warned the head coaches of the Hoops that they will not meet that target.

The club is rumored to be moving around €30 million (£25 million), but talks are “ongoing.” However, the midfielder is drawing attention from other leagues as well.

There are rumors that Newcastle United is eager to bring him to the English Premier League. The Magpies “were on the scouting list at Parkhead at the end of the season to look at the Celtic star,” according to the Newcastle Chronicle. Although Brendan Rodgers does not want to part with the midfield player, it is stated that “interest in the player is increasing.”