13.01.2020 - 15:26 | Source: Ecuagol/LAFC | Reading Time: 2 mins

MLS Jose Cifuentes joins LAFC - Third most expensive signing in history

Los Angeles FC have signed José Cifuentes. On Friday Ecuador based Ecuagol reported that José Cifuentes will join the Los Angeles-based Major League Soccer franchise in a deal worth $3 million from CD Universidad Católica.

The club used Targeted Allocation Money to complete the signing, after initially trading $100,000 in General Allocation Money to Orlando City for Cifuentes' discovery rights.

Update Jan. 13: “Jose was one of our top offseason priorities after very strong showings for his club and on the international stage,” LAFC EVP & general manager John Thorrington said in a team statement. “We’re confident that he will fit in seamlessly into our system, and we are very pleased that he’s chosen to continue his professional career with LAFC.”

The 20-year-old midfielder was part of the U-20 Ecuador side that finished third in last summer's U-20 World Cup in Poland.

Market value of José Cifuentes

The $3 million deal would make Cifuentes the third most expensive signing in club history ahead of Diego Rossi, who was signed for $2.85 million from Peñarol. Furthermore, Cifuentes is not the only new arrival from Ecuador's U-20 team. LAFC signed Diego Palacios from Aucas last August.

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The two Ecuadorians are not the only South American U-20 World Cup standouts to join LAFC. The club has also signed Uruguayans Brian Rodríguez, for a club-record $11.74 million and Francisco Ginella.

On Friday the club alluded on their Twitter account that a signing was imminent.