Monaco have agreed a deal to sign striker Guido Carrillo from Estudiantes, according to the Argentinian club.
According to a statement on the Estudiantes website, club president Juan Sebastian Veron on Saturday agreed to accept an offer worth $10 million (€8.8 million) for the 24-year-old.
The club added that Carrillo has likewise agreed terms with the club from the principality, but Monaco are yet to issue any statement regarding a deal.
Carrillo has scored 42 goals in 141 appearances for Estudiantes, including seven in 10 in the Copa Internacional this season.