The Gambia international was heavily linked with a move away from Italian Serie A club Sampdoria over the course of the recent transfer window, with Celtic consistently mooted as being admirers of his talents.
Along with the Glasgow giants, the 28-year-old defender also attracted interest from a number of Premier League clubs, including Fulham.
However, all interested parties were put off any move for the Sampdoria central defender due to the near £11m cost of a deal and the Italian club’s stance on a sale.
Now the situation has changed and Sampdoria are ready to lower their valuation of Colley, due to his out of favour status.
Claudio Ranieri’s side are willing to accept a fee less than their previous valuation, while Colley himself is ready to look at his options when the window swings back open.
Colley has made just three league appearances for Sampdoria so far this season and is also set to enter the final year of his contract with the club next summer.
The Gambian is first and foremost focused on trying to fight his way into the team, but transfer talk has already been sparked.
With Colley possibly available on a cut-price deal in January, it remains to be seen if Celtic will revive their interest in the defender, especially given their woes at the back this term.
