Mexico forward Giovani Dos Santos has been loaned from Tottenham to Spain's Racing Santander until the end of the season.
The loan deal Monday includes an option for Racing to buy his rights.
The signing is the first for Racing's new owner Ahsan Ali Syed since the Indian businessman acquired the club on Friday.
The 21-year-old Dos Santos, who played for Mexico at last year's World Cup, came up through Barcelona's youth system before joining the English club in 2008.
This is Dos Santos third loan stint after moving to Tottenham. He appeared in five games for Spurs this season but none since Sept. 25.