Real Madrid have finalised Sergio Canales' loan move to Valencia.
The deal, which was confirmed by both clubs on their official websites, also includes an option for Valencia to make the move permanent.
Canales said on valenciacf.com: "I'm very pleased that a club like Valencia have been interested in me. It fills me with pride to come to Valencia and it's where I wanted to play.
"It's a great club who fight every year at the top both at both a national and European level. As well as that, it's a very important step which allows me to continue playing among the elite of football."
