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LAFC finalizes acquisition of forward Cristian Arango

LAFC has finalized its acquisition of forward Cristian Arango from Colombia’s Millonarios on a reported $2.5-million transfer, said a league official with knowledge of the negotiations who was not authorized to speak publicly. An official announcement is expected soon, the official said.

Details of Arango’s contract were not released, but it was funded in part with Targeted Allocation Money, meaning Arango’s salary will exceed the maximum budget charge of $612,500.

Arango, 26, scored 22 times in 58 appearances for Bogota-based Millonarios. With LAFC he is expected to play as a center forward between Carlos Vela and Diego Rossi, filling the void created when the team declined a contract option on Bradley Wright Phillips last fall.