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Mayoral loaned to Levante as Coentrao joins Rio Ave

Real Madrid striker Borja Mayoral has joined Levante on loan for the rest of the season.

Fabio Coentrao has also left the Santiago Bernabeu, the full-back returning to Portugal to join Rio Ave after Madrid cancelled his contract.

"Real Madrid would like to express their thanks to the player for these years in which he has been part of the club and wish him all the best in this new chapter," they said in a statement.

Mayoral, 21, was expected to leave the European champions in pursuit of first-team football after Mariano Diaz was signed back from Lyon in a €33million deal.