Velez swoops for Gago

Velez Sarsfield has agreed a deal to sign Argentina international Fernando Gago on a six-month loan from Valencia.

The 26-year-old midfielder joined Valencia last northern summer from Real Madrid having spent the 2011-2012 season on loan at Roma. Gago joined Madrid in 2007 from Boca Juniors in a deal worth 20 million euros ($26.04 million).

A statement on read: "Velez Sarsfield have reached an agreement with Valencia for the loan of Fernando Gago, who will represent the Argentinian champions for the first six months of 2013."

Gago is due to arrive in Argentina on Friday ahead of his presentation.