Real Madrid midfielder Martin Calderon is on his way to Pacos de Ferreira.

The 21 year-old is moving to the Portuguese outfit on-loan for next season.

Calderon, who has extended his contract with Real until 2022, joins Pacos de Ferreira, which will have 50 per cent of his registration for €500,000.

Born in Jerez in 1999, he joined La Fábrica in 2013 after passing through the junior levels of Sevilla.

Calderon has been capped by Spain at U17, U18 and U19 level.