Manchester City are close to signing Colombia forward Marlos Moreno.
City will pay Colombian club Atletico Nacional £4.75m for the 19-year-old, and he is then likely to join La Liga side Deportivo La Coruna on loan.
Moreno would be Pep Guardiola’s third signing this week, following the arrival of Leroy Sane from Schalke and Gabriel Jesus from Palmeiras.
Guardiola’s overall spending since replacing Manuel Pellegrini as manager in July now exceeds £100m.
In addition to strengthening his current squad, former Bayern Munich boss Guardiola has prioritised signing highly-rated younger players for the future.
The Spaniard is still aiming to sign a central defender, with Everton’s John Stones his number one target.