Udinese have taken Venezuelan international Adalberto Peñaranda on loan from Watford.
Both clubs are owned by the Pozzo family - which also owns Granada in Spain - and players are often shuttled between all three.
The 19-year-old initially signed for the Zebrette in June 2015, before being loaned to Granada for the first half of last season.
In February, the Hornets bought him, but he was loaned back to Spain for the remainder of the campaign and now he’ll move to Serie A once again.
“Watford teenage starlet Adalberto Peñaranda will continue his development with a loan at Serie A club Udinese,” a statement on the club’s official website announced.
“The Hornets believe the highly-rated 19-year-old’s progress is best served in the immediate future with regular first-team football.
“Peñaranda, who signed a four-and-a-half-year contract with Watford earlier this year, has recently returned from international duty with Venezuela at the Copa America.
“He played 23 times in La Liga while at Granada last season, scoring five goals, and beat Lionel Messi’s record in December as the youngest non-Spanish scorer of a brace in the Spanish top-tier.
Peñaranda first broke through in his native Venezuela at Deportivo La Guaira, where he featured nearly 40 times.”