The last few hours are vital for the potential arrival of Miguel Borja at Cruz Azul, with various factors making his signing uncertain. According to Carlos Ponce de León and Iliany Aparicio, two main issues in the negotiations are that he was promoted by the club's advisors rather than the sports management and that Borja would occupy a foreign player spot, which Cruz Azul does not have available. A report from Iliany Aparicio states the management is working on the signing, and people close to the player indicate that everything is progressing well. Despite this, the lack of foreign player spots has started to cause significant doubt among the club's management. Borja's arrival appears likely due to the departure of forward Ángel Sepúlveda.

Miguel Borja is nearing a move to Cruz Azul, with the finalization of his transfer to La Noria requiring one signature. He is set to be the first reinforcement for the upcoming Clausura 2026 tournament. The proposal from Cruz Azul is considerably more attractive than the one presented by Boca Juniors, and negotiations are progressing positively. Sources close to the player confirmed to RÉCORD that talks are ongoing. Cruz Azul stated that they are working on the matter, adding that the parties are still adjusting details to complete the deal. For Borja to be officially registered, Cruz Azul must release at least one foreign player to create a spot.

Cruz Azul is seeking to finalize the transfer of striker Miguel Borja from River Plate. According to El Francotirador de RÉCORD, Borja is a real possibility for the club and there is significant interest in him to strengthen the team. A promoter not directly linked to the player, Sebastián Olarte, is reportedly convincing Ingeniero Velázquez to purchase the Colombian footballer. A leaked audio has revealed that Gilberto Palafox, Velázquez's advisor, tells Olarte he has an appointment with the engineer to discuss the player's signing, bypassing Borja's official agent, Juan Pablo Pachón. In the recording, Palafox asks Olarte to communicate to Borja that they are meeting with the President that day and that they are making a full effort to present a scenario, perhaps that same day or the next day at the latest.

Miguel Borja is being considered by Cruz Azul to reinforce their attack for the Clausura 2026, and he is a free agent after his contract with River Plate concluded. In a statement to RÉCORD, the player's camp acknowledged the interest but clarified that there are no advanced negotiations. They added that while there is interest, nothing is concrete, and there is currently no formal offer.

Cruz Azul has reached an agreement to sign 32-year-old Colombian forward Miguel Borja, a former Palmeiras player who was with River Plate from 2022 to 2025. According to information initially published by TV Azteca, Borja will leave River at no cost after being released by coach Marcelo Gallardo at the beginning of the month. An arrangement is already in place between Borja's staff and Cruz Azul, but the signing is expected to be finalized after the Intercontinental Cup, if no complications arise. The forward has been capped 30 times for Colombia, scoring 9 goals, and was also linked with clubs such as Tigres UANL and América de Cali.