Daniel Pacheco could be set to return to Liverpool this summer after both Atletico Madrid and Rayo Vallecano reportedly passed up the opportunity to sign him.
The 21-year-old moved to the Vicente Calderon on a temporary basis last summer, but Atleti immediately loaned him out to Rayo, as is allowed in Spanish football.
Pacheco, however, made only 11 appearances for Rayo last season, and was an unused substitute on 24 occasions in the league for the Madrid-based side.
According to talkSPORT, Atleti were offered the chance to sign the Spanish striker for £2 million, which they declined, while Rayo also decided not to acquire his services on a permanent basis.
It would now appear Pacheco will return to Anfield for pre-season training, and take his place alongside the likes of Luis Suarez and Andy Carroll in Liverpool's forward ranks.
Pacheco joined the Liverpool academy from Barcelona in 2007, and made a total of seven first team appearances either side of a loan spell with Norwich City.