"We have a very good working relationship with (president Ramon) Calderon and (sporting director Predrag) Mijatovic at Real Madrid and we are very grateful to them for allowing us to take Daniel on loan in the first place," Rangers manager Paulo Sousa told the club's website.
"He is a player of great potential and I am sure that with a good professional attitude, he has the talent to achieve at the very highest level.
"I will continue to follow his progress at Madrid, and of course, we wish him all the best for his future career."
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