Odin Thiago Holm looks on the verge of heading back to familiar territory, with a return to Norway now gathering serious pace before the transfer window closes.
Reports indicate that Vålerenga are pushing to bring the midfielder back on loan from Celtic, with talks between both clubs progressing quickly. There is already a verbal agreement in place, and all signs point towards a deal being completed in the coming days.
Holm arrived in Glasgow in 2023 from the Oslo side for a fee in the region of £2.6 million, carrying strong expectations after impressing in the Norwegian top flight. At the time, it looked like a move that could develop into something significant for both player and club.
However, his time at Celtic has not unfolded the way many anticipated. Opportunities have been limited, and a consistent run in the team has proved difficult to establish.
A loan move to Los Angeles FC earlier this year was meant to provide that breakthrough moment, but game time remained hard to come by, leaving the midfielder still searching for rhythm and continuity.
Now, a return to Vålerenga could offer exactly that. With no option to buy included, this is viewed as a straight loan aimed at getting Holm back playing regularly and rediscovering his confidence.
He is expected to travel to Oslo soon to finalise the move, with both clubs working against the clock to get everything completed before the deadline. There is growing belief that it will go through without any late complications.
From a football perspective, the move feels like a natural reset. Holm knows the league, understands the environment, and has already proven he can perform at that level. That familiarity removes the adaptation issues that have slowed him down elsewhere.
For Celtic, it is a practical decision. The talent is still there, but without minutes on the pitch, it has been difficult for Holm to show what he can truly offer. A successful spell back in Norway could change that narrative quickly.
Back at Vålerenga, he is expected to step into a role where he can play with freedom and responsibility, something that has been missing during his time away. For Holm, this is more than just a loan move. It is a chance to get his career moving again.