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Report: Peralta deal finalized

A newspaper out of Honduras is reporting that the deal to bring Arnold Peralta to Toronto FC is done.

According to Newspaper Diez, which quotes C.D.S. Vida president Carla Dip, a representative for Peralta will arrive in Toronto on Monday to finalize the paperwork that will see the Honduran international transferred to the Canadian side. The report does not go into the terms of the deal but does say that the move is presumed to be permanent one for the 23-year-old player.
Dip had this to say:

"Today, Sunday, I can confirm the contractor will arrive to sign on Monday."

Peralta himself is also quoted in the story.

"I'm looking forward to all work and joining the Toronto."

What do you think of this signing? Peralta is used primarily as a defensive midfielder - do you think this indicates current captain Torsten Frings is on the way out?