Scottish giants Celtic are reported to be chasing St Etienne striker Ilan who has capped three times by Brazil and will be out of contract next summer.
It is reported that Celtic scouts have developed a keen interest in the St Etienne player and the 29-year-old is rated in the £4million bracket after five years in French football.
Work-permit restrictions would pose few problems as the former Atletico Paranaense and Sochaux striker has an Italian passport.
Hammered by their failure to reach the Champions League group stage and diminished ticket sales, the club remains limited to value-for-money signings amidst fears levels of debt could rise again next year.
Celtic are believed to be willing to listen to offers for most of their first-team performers in a quest to provide funds for Mowbray.