Olympiacos have completed the signing of Juan Carlos Paredes from Watford.
The 29-year-old has joined the Greek champions on loan until the end of the season, with the option of making the move permanent in the next transfer window.
"Watford wing-back Juan Carlos Paredes has secured a loan move to Olympiacos until the end of the 2016-17 season," the Premier League club said in a statement.
"The Greek Superleague champions also have the option on a permanent deal for the Ecuador international in the summer."
Olympiacos signs Paredes: January 31, 2017
The Ecuador international made 20 appearances in 2015-16 but has featured only once under Walter Mazzarri this season, in a 2-1 EFL Cup defeat to Gillingham on August 23.
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