Al-Ittihad have opened talks with Celtic over a potential move for Jota with a deal worth up to £25m being discussed.
Celtic want to keep the 24-year-old and would only consider selling him for a significant transfer fee.
Benfica would be due 30 per cent of any future transfer fee for Jota, who joined Celtic on loan in 2021 before the Glasgow club triggered a buyout clause last summer.
Jota signed a five-year deal and scored 15 goals and provided 12 assists last season.
Al-Ittihad have recently signed Karim Benzema from Real Madrid and N’Golo Kante from Chelsea, following their PIF takeover.
Celtic agree Tilio terms
Celtic have agreed a deal to sign Melbourne City forward Marco Tilio.
It is understood paperwork is being finalised and the Hoops hope to complete the transfer this week.
The Australia international, 21, can play on both wings and also as a centre forward and would become manager Brendan Rodgers’ second signing since returning to the club.
Tilio scored nine goals in the A-League for champions Melbourne City last season.
Rodgers: A good time to strengthen
Sky Sports News understands the club’s board will back Brendan Rodgers in the transfer market to help him deliver domestic success and compete in the Champions League.
Celtic have already signed midfielder Odin Thiago Holm on a five-year deal, as he became Rodgers’ first signing since returning to Glasgow and the Parkhead boss is keen more follow.
“It’s a good time to strengthen whenever you have done well,” he said. “It’s not going to be lots of numbers.
“Over the last couple of years they have built a squad, so it’s a case of developing that and adding quality where we can. I’m really excited with the players here because it’s a young squad and there’s still a lot of growth in that.”
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