Rayo Vallecano have completed the signing of Espanyol striker Raul de Tomas.

Espanyol have accepted an offer of €8m plus €3m in bonuses from Rayo.

De Tomas has signed a five-year deal with Rayo and returns to Vallecas after spending two years between 2017-19 with the LaLiga outfit.

The 27 year-old will immediately join Rayo's senior squad, but can only train as he won't be registered until January 1.

De Tomas will arrive at Rayo as one of the club's highest paid players.