Cristian Medina (right) of Argentina's Boca Juniors and Juan Quintero of Argentina's Racing Club, battle for the ball during a Copa Libertadores quarterfinal second leg soccer match at Presidente Peron stadium in Buenos Aires, Argentina, Aug 30, 2023. (PHOTO / AP)

RIO DE JANEIRO - Botafogo are in advanced talks to sign Boca Juniors midfielder Cristian Medina, according to widespread media reports in Brazil.

The Argentine giants have rejected an initial offer of $ 7 million and are awaiting a counterbid, Globo Esporte reported on Sunday.

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Medina has made 49 appearances and scored five goals for Boca since being promoted from the club's youth academy in 2020.

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His current contract with the Buenos Aires outfit is due to expire in December 2027.

Botafogo finished fifth in Brazil's 20-team Serie A standings this year and qualified for the Copa Libertadores for the first time since 2017.