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Palmeiras sign Chilean starlet Arancibia

Xinhua, March 27, 2015 Adjust font size:

Brazilian giants Palmeiras have signed Chilean starlet Francisco Arancibia, the Sao Paulo- based club said on Thursday.

The 18-year-old joins the eight-time Brazilian Serie A champions from O Higgins for 600,000 US dollars, the Folha de S. Paulo newspaper reported.

"He is a player we have watched and he is very young, which is always a good thing," Palmeiras football manager Alexandre Mattos said.

"We are open to welcoming top players and our priority now is to make our team as competitive as possible."

Arancibia was called up by Chile coach Jorge Sampaoli for the national team's friendlies against Iran on Thursday and Brazil on Sunday.

Palmeiras narrowly avoided relegation from Brazil's top flight last year after being promoted from the Serie B in 2013. Endite