The 20-year-old, who made his international debut for Paraguay's senior side this year, is expected to be loaned out to Manchester City feeder club New York City next year, reports Xinhua news agency.
According to the Guardian, City agreed to pay Paraguayan first division side Libertad three million British pounds ($4 million) for Medina's signature. The Sky Blues are understood to have beaten off interest from several other European clubs.
Medina, who can play as a winger or attacking midfielder, has made 74 appearances for Libertad since being promoted from the club's youth academy in 2012.
He has represented Paraguay at the under-17, under-20 and senior level.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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