Granada signs Orellana then loans him to Celta

Published Aug. 30, 2011 12:54 p.m. ET

Granada re-signed Fabian Orellana and then immediately loaned the Chile international to second division club Celta Vigo.

Granada says on its website that Orellana agreed to a three-year deal with the club after his contract with Serie A club Udinese was rescinded. Orellana played last season for Granada, which is playing in Spain's topflight division after winning promotion.

The 25-year-old forward, who was part of Chile's 2010 World Cup squad, will play at Celta for the full season.