Rangers winger Oscar Cortes has joined Argentine Primera Division club Atletico Huracan on loan with an option to buy for a fee of up to £1.65m after being recalled from his spell with Sporting Gijon.
The 22-year-old, who joined the Ibrox club for a reported £4.5m from Lens last summer, had been on a season-long loan in Spain's second tier.
But he has now joined Huracan for the 2026 season, with the Buenos Aires club saying he has been with them preparing for pre-season friendles against Cerro Porteno and Cucuta Deportivo.
Huracan have revealed that they are paying an initial £60,000 loan fee and have three chances to trigger a permanent transfer depending on how quickly they make a decision.
The first starts at £1.35m, the second being £1.5m and then £1.65m at the end of the loan deal, all for which they would acquire 50% of the player's rights.
Cortes, who has one cap for Colombia, joined Rangers from Lens in February 2024 on a loan deal with an obligation to buy.
The transfer became permanent last summer despite the winger failing to become a first-team regular.
He had made only made nine starts and 11 substitute appearances for the Scottish Premiership club before heading to Spain's second tier in September.
Cortes' career did not take off there either and he only made four starts and four appearances as a substitute for Sporting.
Now he has joined the club who have just appointed former Boca Juniors head coach Diego Martinez as they look to improve their 12th-place finish among the 30 top-flight sides last season.