From Eurosport
Liverpool have continued their flurry of activity ahead of Wednesday night's transfer deadline by setting up the signing of Deportivo La Coruna defender Alvaro Arbeloa.
With Rafa Benitez targeting three signings over the next couple of days, the centre back is travelling to Merseyside to undergo a medical.
Malaga's Francis Duran has agreed to his switch to Anfield and Javier Mascherano looks likely to obtain permission from FIFA to arrive from West Ham.
Benitez has looked to his homeland again to swoop for Arbeloa after thrashing out a deal with Depor.
"The club has got a very good investment," declared coach Joaquin Caparros in confirming the transfer.
Real Madrid are entitled to 50 percent of the profit on the money earned on the 24-year-old, who has made 14 appearances this term, after he started his career with the capital club.
Arbeloa is at home at centre half or right back.
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From Wikipedia
Álvaro Arbeloa Coca (born 17 January 1983) is a young centrel defender/right defender with Deportivo de La Coruña. Arbeloa is another young talent from the Real Madrid youth system.
On July 24, 2006 after the departure of Castilla striker Roberto Soldado, a second Castilla player left Real Madrid's training camp is Austria, Real Madrid Castilla's Captain, no. 17 Álvaro Arbeloa. The 23 year old left Real and said: "This is a strange situation for me, i have been playing for Real Madrid Castilla for 5 years, since i was 18 year's old, Real was nothing but good to me, but it's time for me to go. real has the best players in the world, although that is great for the club, unfortunately that's not so great for Cantera players, only a few of us can find there place in the first team, and even those how find there place in the first team like Álvaro Mejía and Paco Pavon are only 3ed or 4th pick and that is why i want to live the club, to a club where i can get some play time, in the Primera Liga of course. Deportivo de La Coruña is one of the best clubs in Spain, and with Joaquín Caparrós as head coach I will certainely get more experience, and get better, what is most important is that he will have confidence in me. I have enjoyed my time in real, and i thank evrybody who helped me. I'm leaving Madrid to play more, no other reason."