MADRID, May 26 (Reuters) - Relegated Real Zaragoza have exercised an option to buy on-loan Brazilian striker Ricardo Oliveira from AC Milan, the Spanish second division club said on their website.
The 27-year-old, who has agreed to a four-year contract, top scored for the club in the Primera Liga last season with 17 goals, despite them finishing 18th on the final day of the campaign to go down.
Spanish media reported the deal cost Zaragoza 10 million euros ($15.8 million) and that their plan could be to look for a quick return on their money by selling him or loaning him out to a top-flight club with Atletico Madrid and Villarreal possible destinations.
Milan paid Zaragoza's Spanish rivals Real Betis 17 million euros for Oliveira in 2006.
He had scored 22 goals in La Liga in the 2004-05 season and was billed as the replacement for Andriy Shevchenko at Milan, but failed to make an impression scoring just three goals in 26 Serie A appearances. He was loaned to Zaragoza in 2007.