Atletico Madrid midfielder Saul Niguez revealed his "new club" is Club Costa City, a football academy based in the Spanish city of Elche.
The Spain international had teased his fans on social media after he launched a countdown for his next move. His fans kept on guessing whether he was leaving Atletico and his next destination.
Niguez had been heavily linked with a move to Manchester United.
On Wednesday, with the countdown complete, Saul posted a video with a caption which read: "THERE IS A NEW TEAM IN THE CITY" with details about a project titled 'Club Costa City'.
Atletico Madrid's official Instagram account replied, saying: "We know how excited you are, and when things are done with this much excitement, they always turn out well. Good luck on your new adventure."
Club Costa City, formed by Niguez and his brother, brings together more than 30 teams and 500 players in all age categories in the Spanish city.