Sir Alex Ferguson is believed to be close to adding another exciting young prospect to his Manchester United squad in Chilean striker Angelo Henriquez.
The Manchester Evening News has reported that the 18-year-old arrived in Manchester earlier this week and yesterday underwent a medical ahead of a proposed £4million move from Universidad de Chile.
The paper believes that when the deal is completed, Henriquez will be loaned back to his former club for a season in order to continue his development.
Henriquez only began to make an impression in the Universidad first team earlier this year, but quickly showed signs of his potential as he scored 11 goals in just 17 appearances.
The young striker was even handed his debut in the Copa Libertadores as he scored the final goal in an emphatic 5-1 win over Godoy Cruz of Argentina.
It has been reported that the deal to sign Henriquez has been in place for some time, with Ferguson becoming aware of the striker's ability due to his fantastic record at youth level for Chile.
Henriquez scored an impressive 14 goals in just nine games for the Chile Under-20 side, and could soon be forcing his way into the senior side.
The striker would be the third signing of the summer for Ferguson who has already brought Shinji Kagawa and Nick Powell to the club.
Ferguson is clearly once again investing in youth, as both Henriquez and Powell are just 18 years old.
Henriquez may not be the final signing of the summer for Manchester United as the numerous reports are still linking Ferguson with a move for Arsenal striker Robin van Persie.
Ferguson recently admitted that he was negotiating with Arsenal but as of yet, there has been no breakthrough.
"We have made a bid and they've [Arsenal] been trying to negotiate with other clubs," said Ferguson. "I don't have a gut feeling on it at the moment, I must admit.
"We're not getting any breakthrough with Arsenal. It's difficult to say why they're operating this way. I don't know what their thoughts are, because they're not giving anything away."