Villarreal have announced they have reached an agreement with Olympiakos for the loan transfer of defender Ivan Marcano to the Greek side.
The Spanish defender will finalise a switch to Olympiakos in the next few days, subject to him passing a medical.
Marcano joined Villarreal from Racing Santander in the summer of 2009, and after a season in which he featured infrequently for the club, he was loaned out to Getafe.
At the Greek club, Marcano will reunite with coach Ernesto Valverde and with former team-mates David Fuster and Ariel Ibagaza.
With this move, Olympiakos, who won the Greek league, have signed their fourth Spanish player, following the additions of Fuster, Javito and Albert Riera.