Minnesota United is closing in on the transfer of Boca Juniors midfielder Emanuel Reynoso for a designated player spot, multiple sources have told ESPN.

One source said that the deal was "95 percent done" with Reynoso's transfer fee set at around $5.5 million, though there are still some unspecified terms to be ironed out.

Loons GM Mark Watson has made multiple trips to Argentina in a bid to get the deal completed.

According to TyC Sports, Minnesota reportedly had an offer for Reynoso rejected by Boca two days ago, but the Loons have come back with another offer. More will be known in the next 24 hours following Boca's match against Central Cordoba on Sunday.

If Minnesota can get the deal over the line, it would see the Loons complete a considerable attacking makeover this offseason. MNUFC has already signed Paraguayan forward Luis Amarilla and forward Aaron Schoenfeld while the likes of attacker Darwin Quintero (traded to the Houston Dynamo), forward Abu Danladi (taken by Nashville in the expansion draft) and forward Angelo Rodriguez (contract bought out) have departed.

Reynoso, 24, is in his third season with Boca, and his current contract runs through 2022. He has scored five goals in 65 league and cup appearances with Boca, and was part of the side that claimed a league title in 2018.

Reynoso began his professional career with Tallares in 2014 before moving to Boca four years later.