The Hungary Under 21 international has yet to make his debut for Liverpool since joining the club from MTK Budapest in 2008.

The 22-year-old's agent reports that Gulacsi is close to joining Xerez, but Liverpool prefer to loan the goalkeeper to an English club.

"The deal is not done because Liverpool basically plan to let Peter go on loan within England," Pataky told Pepsifoci.com.

"We think this Spanish possibility could be a great chance for him so we're working until the last moment to validate the agreement between the two clubs."