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Jun 17, 20261
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Víctor Muñoz closing in on Liverpool move as Premier League interest intensifies
Liverpool is close to signing Víctor Muñoz from Osasuna by activating his €40 million release clause. Real Madrid will receive half the fee and retains first refusal and buyback options. The 22-year-old Spanish winger impressed at Osasuna and qualified for the World Cup.
Quick Facts
Who
Víctor Muñoz
What
Liverpool moving to activate Muñoz's release clause
When
2026-06-17
Where
Liverpool
- Liverpool moving to activate Muñoz's release clause
- Premier League transfer interest from multiple clubs
- Muñoz impressed at Osasuna during recent season
- Real Madrid retains 50% economic rights
- Real Madrid holds right of first refusal
Víctor Muñoz, the 22-year-old Spanish winger from Osasuna, is on the verge of joining Liverpool after the English club moved to activate his €40 million release clause, according to transfer expert Fabrizio Romano. The international player had initially been linked with Newcastle United as a potential replacement for Gordon, but Liverpool has now emerged as the frontrunner for his signature. Muñoz impressed during his campaign at Osasuna, earning him a place in Spain's World Cup squad for the tournament in the United States, Mexico, and Canada.
The financial structure of the potential transfer involves Real Madrid, which retains 50 per cent of the player's economic rights and would receive half of the €40 million fee. The Spanish club also holds both a right of first refusal and an €8 million buyback clause on the winger, giving them additional protection should they wish to pursue the player in the future. These contractual safeguards reflect Madrid's ongoing interest in monitoring Muñoz's development.
Unless Jose Mourinho acts to recruit Muñoz for his current project, the winger appears destined for the Premier League. Barcelona had previously shown interest in the player, though that pursuit never materialized into a concrete offer. The transfer represents a significant move for Muñoz, who has attracted attention from multiple top European clubs following his strong recent form.
Why This Matters
This transfer signals Liverpool's continued ambition to strengthen their attacking options in the competitive Premier League market. Muñoz's acquisition represents a strategic investment in young Spanish talent with proven European credentials, while the complex deal structure involving Real Madrid's retain rights offers insights into how top clubs protect their asset interests. For Liverpool fans, this move could address squad depth and provide tactical flexibility, directly impacting the team's competitive positioning for the upcoming season.
Timeline & Sources
Jun 17, 2026
WireLiverpool reported to be closing in on Muñoz by activating release clause