Álvaro Aguado has been offered by Espanyol to Rayo Vallecano as well. Details regarding Rayo Vallecano's interest or conditions have not been specified. Espanyol, facing salary cap issues, is actively looking to offload players like Aguado to make room for new signings. They have also offered Aguado to Alavés, who are interested but only if he becomes a free agent, which would require Espanyol to terminate his contract.