Fabricio Coloccini linked with Olympiakos switch

Newcastle defender Fabricio Coloccini is reportedly a top transfer target for Greek giants Olympiakos.

The Argentina international's future at Tyneside is in major doubt following the arrival of Chancel Mbemba from Anderlecht this summer.

Crystal Palace have shown interest in signing up the experienced Premier League defender in recent weeks, but The Express cites that the Greek champions are ready to make a £2.5m bid for the player's services.

However, Coloccini would have to take a pay cut from his current £60,000 per week wages to earn himself a move to a club offering Champions League football.