The Anadalucians had been 1-0 behind after the first leg but performed superbly at La Rosaleda to progress.
Isco netted the first goal for Malaga before half time and Roque Santa Cruz netted the crucial second.
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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.