Valencia winger Pablo Piatti has joined LaLiga rivals Espanyol on a season-long loan.
The deal includes an option for Espanyol to secure the 27-year-old on a permanent deal.
"Valencia wishes the best of luck to Pablo Piatti in this new stage," the club said in a statement on their official website.
Piatti joined Valencia from Almeria in July 2011, a month on from making his sole international appearance for Argentina.
Having enjoyed his most successful LaLiga campaign in 2014-15, with seven goals and as many assists across 28 appearances, Piatti failed to reproduce such form last time around and struggled to secure a regular starting spot following Nuno Espirito Santo's departure as head coach.
Nani's arrival at Valencia from Fenerbahce was likely to further limit his first-team chances and Piatti now becomes Espanyol's fifth close-season signing.
He joins goalkeeper Roberto, midfielder Jose Manuel Jurado and forward duo Leo Baptistao and Jose Antonio Reyes in moving to the Barcelona-based club.
