Celtic boss Neil Lennon mentioned earlier this month that the Bhoys would sign a left-back if Kieran Tierney is sold in the summer time to Arsenal.
The Gunners have had bids rejected for the Celtic left-back, but they are anticipated to make a late move for the Scotland international.
Celtic are adamant that they will not sell him for something much less than £25 million, and it appears the Bhoys have currently lined up a prospective replacement.
According to reports from The Scottish Sun, the Hoops are monitoring the 22-year-old who has been valued at about £7 million by his club.
The attacking complete-back is a hugely rated young talent and he was heavily praised by Dean Smith, who is now the manager of Aston Villa, a handful of years back when he was in charge of Wallsall.
“I can honestly say there was in no way any danger in my thoughts with Rico,” he told BBC Sport. “He was 16 when I threw him in against Leeds in a pre-season friendly. And he’s a fast learner. You give him a bit of info and he requires it on board.
“He completely deserves the award as he’s been great. If I have been to liken him to any person it would be a young Ashley Cole. And it is up to him how far he can now go in the game. I’ve advisable him a couple of instances to the England Beneath-19s mainly because, if there’s a far better left-sided player in the nation at 18 years of age, I’d like to see them.”
Henry can play as a left-back and also as a winger, and he would be a terrific signing for the Bhoys.
Even so, it remains to be observed regardless of whether Celtic will make a move for him even if they do not drop Tierney this summer time.