Liverpool have agreed a deal to send forward Daniel Pacheco on a season-long loan to Atletico Madrid.
Pacheco, 20, spent three months of the 2010-11 campaign with Championship runners-up Norwich and has now returned to his homeland in search of further first-team experience.
The Spain Under-21 striker made just seven appearances for Liverpool's senior side last season and has played only 14 matches overall.
"Liverpool have today finalised a deal to send Daniel Pacheco on a season-long loan to Atletico Madrid,'' a club statement said. "The 20-year-old will stay in La Liga until June 30, 2012.''