Image Credits: Imago Images
One of the most exciting young talents at the 2026 World Cup has made his choice, and it is a decision that carries consequences for several of England’s biggest clubs.
Victor Munoz is 22 years old, a graduate of Real Madrid’s academy, a Spain international who scored on his senior debut, and as of this summer, one of the most coveted wingers on the European market.
His breakout season at Osasuna was the kind that turns heads and opens wallets, as the quick, direct left winger racked up 6 goals and 2 assists across 34 appearances in all competitions.
He attempted 81 shots, completed 75 successful dribbles and created 27 chances for his teammates while earning an average FotMob rating of 6.90 across a season in which he started 31 times and played 2,668 minutes of football.
The interest that followed was inevitable.
Liverpool enquired about his situation, as did Manchester United, along with other Premier League clubs drawn in by his pace and directness.
Barcelona, the club that had him in their own academy system before Real Madrid took him, were also the first to explore the possibility of a deal, according to AS.
The Spanish press had spent weeks speculating whether Munoz might end up at the Nou Camp, raising the prospect of a politically charged return to a club that had once let him go.
But Munoz and his agent, Juanma López, were not interested in conflict.
Throughout the entire saga, their priority was playing time and a club built on genuine progression rather than one offering a glamorous squad role.
That clarity of thinking is what ultimately led him to Tyneside.
According to BBC Sport, Newcastle United are closing in on a deal worth around £34.5 million to trigger Munoz’s release clause at Osasuna, with the player understood to be keen on the move from the outset.
Newcastle are already in a market for a replacement for Anthony Gordon, who joined Barcelona for £69.3 million, and Munoz has emerged as their top target.
Newcastle proposed £30 million up front with £4.5 million in add-ons, though Osasuna’s sporting director Braulio Vázquez made clear that only the full release clause figure would be entertained, saying, “We won’t even listen.”
“We’re sticking to the clause.”
The Real Madrid dimension adds an intriguing layer to the story.
According to AS, Real Madrid have secured a buy-back option as part of the three-way deal between themselves, Osasuna and Newcastle, keeping them in the equation should Munoz fulfil the potential that their academy helped develop.
Osasuna are set to receive roughly triple the five million euros they paid Real Madrid for him just twelve months ago, underlining the speed of his rise.
Newcastle head coach Eddie Howe had been clear about the club’s transfer philosophy heading into this window, warning in May, “The best players that are available on the market won’t hang around for too long.”
“The speed at which the transfer market moves now is very quick.”
Munoz fits precisely the profile Newcastle are now targeting, young, hungry, with elite foundations and a hunger to prove himself on the biggest stage rather than wait for opportunity at a club already operating at the very top.
For Liverpool, the rebuff is a reminder of the challenges facing Andoni Iraola’s new regime as they seek to rebuild their forward line.
Munoz was an option, but he was never theirs to lose.