Former Chelsea winger Milan Lalkovic has returned to Walsall on a one-year deal.
The Slovakian, 22, scored six goals in 42 games for the League One side while on loan at the Banks's Stadium during the 2013-14 campaign.
Lalkovic had been without a club following his departure from Barnsley at the end of last season.
"I'm really pleased to have Milan back on board," Saddlers boss Dean Smith said in a statement. "There's a lot of potential in him and now that he's our player, we can commit to getting the best out of him."
Lalkovic made 17 appearances for Barnsley last season.