Arsenal have confirmed Jon Toral has joined Granada on a season-long loan.
The Gunners' announcement comes three days after the Spanish club hailed the capture on their website.
Toral, who joined Arsenal from Barcelona with pal Hector Bellerin in 2011, has spent the last two seasons out on loan in the Championship.
A statement on Arsenal's website read: "We would like to wish Jon well for his time in Spain.
"The deal is subject to the completion of regulatory processes."