Osasuna

Liverpool beat Newcastle to signing of Spain winger Victor Munoz from Osasuna for £4.5m

Liverpool have secured the services of Victor Munoz, a Spanish international winger, from La Liga side Osasuna in a deal worth approximately £4.5 million. The Reds reportedly beat competition from Newcastle United to land the player. Munoz represents another addition to Liverpool's attacking options and provides depth on the wings. Osasuna, meanwhile, receive a significant transfer fee for one of their key attacking talents.

18 Jun

Why Real Madrid passed on Victor Munoz at €8m while Liverpool paid €40m

The Athletic's analysis dissects the contrasting transfer approaches of Real Madrid and Liverpool regarding Victor Munoz. Real Madrid reportedly had the option to sign the Osasuna forward for around €8m but passed on the deal, while Liverpool ultimately paid €40m to secure his services. The piece explores the gap in valuation methodology, player development pathways, and the different strategic priorities that led Real Madrid to walk away from a relatively cheap acquisition. It also touches on Barcelona's reported interest and the broader question of how elite clubs price emerging Spanish talent.