Velez Sarsfield's Maximo Perrone in action with River Plate's Braian Romero (AGUSTIN MARCARIAN / REUTERS)

Manchester City have signed Argentine midfielder Maximo Perrone from Velez Sarsfield on a contract until 2028, the Premier League club said on Monday.

The 20-year-old scored three times and provided two assists after making his debut with the Buenos Aires-based team in March.

Perrone is currently playing in the Under-20 South American championship and at City will join compatriot and World Cup winner Julian Alvarez, who arrived in Manchester last year.

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City are second in the Premier League, five points behind Arsenal, having played a game more than the London side, who they play in the FA Cup fourth round on Friday.