Celtic are reported to have agreed terms with both Oh Hyeon-Gyu and Suwon Bluewings for the transfer of the striker.
A deal was first mentioned at the start of December with Ange Postecoglou previously mentioning the quality of player that was available in the K-League.
Celtic have scouted the J-League extensively with the successes of Kyogo Furuhashi, Reo Hatate and Daizen Maeda raising the profile of the club across Asia.
Returning to the Champions League this season put a further spotlight on the hoops with the deal to bring Oh to Celtic well underway.
Korea Joongang Daily Reports:
Celtic have reportedly already agreed personal terms with Korean forward Oh Hyeon-gyu of the Suwon Samsung Bluewings and will finalize the deal in the next few days.
According to Sky Sports, Celtic are close to closing a deal worth £2.5 million ($3 million) with the Bluewings, with Korean reports adding that both Oh and manager Lee Byung-keun are in favour of the move, with the club expected to fall in line in the next few days.
Celtic made an initial offer for Cho in December last year, but were seemingly rebuffed by the Korean club. Oh told reporters at the time that he was in favour of the move, but the Bluewings insisted the club still wanted to keep him for the coming K League season.
That position appears to have changed however, with Celtic reportedly offering a more generous deal and Lee backing the move. Celtic manager Ange Postecoglou told reporters over the weekend that he expects some new signings are on the way.
Oh is a particularly attractive option for international clubs because he finished his military service early, completing two years with the Sangmu military club last season.
With one week left of the transfer window Celtic will be looking to complete their transfer activity before Sunday’s SPFL match away to Dundee United.
Driven by Postecoglou Celtic had three deals completed before January 1 which has cushioned the blow of losing Josip Juranovic to Union Berlin.
Giorgos Giakoumakis looks like he will be leaving as Oh arrives with almost all transfer activity completed before the Deadline Day frenzy.