The Spaniards have bought the player from the Championship side and have the option to extend Petrov’s contract by a year if they beat relegation, according to the player’s agent.
“If Espanyol manage to avoid relegation, the contract will be automatically extended by one more year,” Lucheslav Tanev told TV7.
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Liverpool have unveiled their new home kit for next season, sticking with the hugely popular retro styling of the current shirt.
The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.