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Man City to cut losses over Celtic target Samaras

Celtic are set to land Manchester City striker Georgios Samaras for a knockdown fee.

The Daily Mail says City will take a £5m loss on failed striker Samaras when the Greek international moves to Celtic for a knock down price of £1m in the coming days.

City bought Samaras from Heerenveen for £6m in January 2006 and agreed a provisional fee of £3m when they loaned him to Celtic last season. But City have accepted £1m less than that in order to smooth the switch to Parkhead.

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