The 22-year-old will reportedly join TFC along with another Argentine player.
After several weeks of swirling rumours, the Canadian Press has reported that TFC has finalized the acquisition of Argentine striker Maximiliano Urruti on Wednesday. Urruti is said to be joined by a midfielder, also from Argentina.
The two players are expected to arrive at BMO Field by the end of the month.
Urruti had long been linked with TFC, as club president and general manager Kevin Payne had referred to an incoming young striker from Argentina as far back as the preseason. Reports then surfaced that Urruti was Toronto's target, which Payne and head coach Ryan Nelsen did not deny.
The 22-year-old will join the Reds after beginning his professional career at Newell's Old Boys in 2011. He made 47 league appearance with La Lepra, scoring eight goals. This season, Urruti has made 19 league appearances (16 off the bench), with one goal to his name.
Nelsen and his staff will hope that Urruti can raise his game in a stable of attackers that includes team-leading scorer Robert Earnshaw, injured designated player Danny Koevermans, rookie Emery Welshman, league newcomer Hogan Ephrain, and second-year Red Andrew Wiedeman.
The CP report did not name the midfielder who is said to also be involved in the deal, although it did state that one of the two incoming players may be classified as a "young designated player" under MLS salary guidelines.