Lopez makes Espanyol switch permanent

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Primera Division outfit Espanyol have completed the permanent signing of on-loan goalkeeper Diego Lopez from AC Milan for an undisclosed fee.

Lopez joined Periquitos from the Serie A outfit on loan at the start of the season and has been virtually ever-present in helping the club secure an impressive eighth-place finish in the Spanish top-flight.

The 35-year-old has enjoyed an illustrious career, representing clubs such as Real Madrid, Villarreal, Sevilla, and even earning an international cap with Spain, before joining Espanyol and he is likely to have an important role for them again next term.

Lopez is undoubtedly looking forward to a more prominent role once again after he only played 37 times in three years with the Rossoneri before his move back to Spain.

"Diego Lopez and RCD Espanyol have reached an agreement for which the Galician goalkeeper will definitely join the squad of the first team," read a statement on Espanyol's official website.

"The goalkeeper has signed his commitment with RCD Espanyol until June 30th, 2020 and will have a clause of €50 million."

Clearly neither the club nor the player has any intention of parting ways any time with a buyout clause of that magnitude included in the contract of a 35-year-old goalkeeper.