The pending arrival of Juan Carlos Paredes and Daniel Tozser’s signing means the Hornets are now only targeting three more positions, the Watford Observer understands.

Tozser joined the Golden Boys on a two-year loan deal on Monday and we understand Ecuador’s World Cup right-back Paredes has agreed terms on his move to Vicarage Road.

Watford have already signed six players and when Paredes becomes seven that will be all the previously identified transfer targets secured.

We understand Watford are now keen to add three cover players; a reserve goalkeeper, another holding midfielder and a centre midfielder.

The Hornets want to land a substitute goalkeeper after Gary Woods left the club and this would enable Jonathan Bond to find game time out on loan.

They want an attack-minded midfield player and with Tozser the club’s only recognised defensive midfielder towards the end of last season, the club are also seeking another option in that role.

Watford were keen to sign Tozser permanently but eventually settled on a two-year loan agreement with new parent club Parma.

The Hungary international was out of favour at Genoa but the Serie A club were unable to agree terms with the Golden Boys.

The Pozzo family, who own Watford, are also in charge of Udinese and with Parma keen on one of their players, it appears Gino Pozzo reached an agreement with Parma to sign Tozser from Genoa and then immediately loan the player back to the Hornets as part of those negotiations.

Watford confirmed they have the option to activate a third year with Tozser once his two-year agreement with Parma expires.

The Hornets have also been confident of securing Paredes’ signature for more than a month and we understand a move has now been agreed.

Paredes failed to report to training for Barcelona Sporting Club on Monday and the Ecuadorian club’s president Francisco Hidalgo confirmed the player was likely to be fined.

The Hornets were keen to sign the full-back permanently but his agent, Danny Walker, has suggested the player could join Granada in a five-year deal before a loan switch to Watford.

Walker also denied claims the player had failed to attend training, stating he had the permission of the club.

Paredes, who turned 27 this week, played every minute of his country’s World Cup campaign, as they finished third in Group E.

The player, who can play across the backline, has spent the whole of his career in his native country, also featuring for Rocafuerte, Deportivo Cuenca and Deportivo Quito, where he won the league title in 2011.

Udinese were keen on signing the player for more than six months and he reportedly attracted interest from clubs around Europe prior to the World Cup.