Celtic have already tapped into the Mexican market to sign Juarez
Celtic are considering a move for 19-year-old striker Gustavo Adrian Ruelas - but no deal has yet been completed for the Santos Laguna forward.
The USA Under-20 international could make the trip to Glasgow for a trial in the next few days.
But Celtic stress that his Mexican club have been premature in announcing that Ruelas has already agreed to move to Scotland on a season-long loan.
Santos claim it is with a view to a permanent move in the summer.
"As part of the co-operation agreement recently agreed between Santos Laguna and Glasgow Celtic, a temporary transfer of our player, Adrian Ruelas, to the Scottish team has been confirmed, with the option to purchase," said a statement on the Mexican club's website.
The California-born teenager represented Mexico at various youth levels before switching to the land of his birth.
It should be noted that there is no formal loan or transfer agreement concerning the player at this stage
He helped the under-20 side win the prestigious Milk Cup in Northern Ireland in the summer, netting against the hosts in the final after striking twice against Denmark in the semi-finals.
A Celtic spokesman said: "Celtic can confirm they are in discussions with Santos Laguna with a view to developing a potential football and commercial relationship.
"With regards to the player in question, we understand he's an exceptional talent and we are looking at giving him the opportunity to come and train with Celtic.
"It should be noted that there is no formal loan or transfer agreement concerning the player at this stage."
Celtic manager Neil Lennon has already tapped into the Central American market, signing Mexico midfielder Efrain Juarez and Honduras left-back Emilio Izaguirre.
However, Ruelas has yet to establish himself in the Santos Laguna first-team and would likely form part of the development squad coached by Danny McGrain.
Celtic are also assessing 18-year-old Trinidad and Tobago forward Shahdon Winchester as they build for the future.
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