Transfer MarketHijack MoveJun 18, 2026, 5:33 AM· 3 min read· #4 of 4 in sports

Liverpool Hijacks Newcastle's Bid to Sign Spanish Winger Víctor Muñoz for €40 Million

Liverpool has secured the signing of 22-year-old Osasuna winger Víctor Muñoz, triggering his €40 million release clause to beat Newcastle United to the Spanish international.

By Factlen Editorial Team

Liverpool Management 40%Newcastle United 30%Spanish Clubs 30%
Liverpool Management
Views the decisive activation of the release clause as a necessary and worthwhile investment to secure a top-tier young talent.
Newcastle United
Frustrated by the late hijack after investing weeks in negotiations, highlighting the difficulty of securing targets without paying premiums.
Spanish Clubs
Satisfied with the financial windfall, as Osasuna secures a massive profit and Real Madrid earns €20 million while retaining a future buy-back option.

What's not represented

  • · Osasuna Supporters
  • · Anthony Gordon

Why this matters

The swift acquisition highlights the ruthless efficiency required in the modern transfer market, where triggering release clauses allows top clubs to bypass protracted negotiations. For Liverpool, it secures a highly coveted 22-year-old international to bolster their attack, while dealing a significant blow to a Premier League rival.

Key points

  • Liverpool triggered Víctor Muñoz's €40 million release clause to sign him from Osasuna.
  • The move hijacked Newcastle United's ongoing negotiations for the 22-year-old winger.
  • Muñoz is expected to sign a six-year contract running until June 2032.
  • Real Madrid will receive €20 million of the fee due to a 50% sell-on clause.
  • Liverpool medical staff traveled to the US to conduct his medical during the World Cup.
€40 million
Release clause triggered by Liverpool
€20 million
Real Madrid's 50% sell-on fee
£69.3 million
Fee Newcastle received for Anthony Gordon
6
Goals scored for Osasuna in 2025-26

Liverpool has successfully hijacked Newcastle United's move for Spanish international Víctor Muñoz, securing the 22-year-old winger from Osasuna in a decisive late swoop. The Merseyside club bypassed prolonged negotiations by triggering Muñoz's €40 million (£34.6 million) release clause in full, reportedly securing the attacker on a six-year contract that runs until June 2032.[1][2][5]

The swift acquisition represents a major coup for Liverpool and a bitter blow to Newcastle. Eddie Howe's side had identified Muñoz as their primary target to replace Anthony Gordon, who recently departed for Barcelona in a £69.3 million transfer. Newcastle had submitted an initial bid of £30.2 million plus add-ons, attempting to negotiate a fee just below the buyout clause.[3][6]

While Newcastle and Osasuna were locked in talks, Liverpool decisively intervened. By paying the clause outright, Liverpool removed Osasuna's ability to reject the offer. Liverpool medical staff immediately traveled to the United States, where Muñoz is currently stationed with the Spanish national team for the 2026 World Cup, to conduct his medical examinations and finalize the paperwork.[1][5]

Real Madrid's 50% sell-on clause entitles them to half of the €40 million release fee.
Real Madrid's 50% sell-on clause entitles them to half of the €40 million release fee.

Muñoz's rise to the Premier League caps a meteoric 12 months for the Barcelona-born attacker. A product of Real Madrid's youth academy, Muñoz transferred to Osasuna in July 2025 for just €5 million. During his breakout 2025-26 La Liga campaign, the rapid left-winger registered six goals and two assists across 34 appearances, dazzling scouts with his pace and direct dribbling.[2][3][6]

Muñoz's rise to the Premier League caps a meteoric 12 months for the Barcelona-born attacker.

Known for his blistering acceleration and agility, Muñoz excels in one-on-one situations. His robust frame and low center of gravity allow him to hold off defenders, making him a nightmare for fullbacks in transition. At Osasuna last season, he completed 75 successful dribbles and created 27 chances, earning a reputation as one of La Liga's most dynamic wide players.[6]

Muñoz's impressive underlying metrics at Osasuna attracted interest from across the Premier League.
Muñoz's impressive underlying metrics at Osasuna attracted interest from across the Premier League.

His domestic form quickly translated to international recognition. Muñoz made his senior debut for Spain in March 2026, scoring the third goal in a 3-0 friendly victory over Serbia. That performance helped cement his place in manager Luis de la Fuente's 26-man squad for the ongoing World Cup in North America.[3][4]

The financial mechanics of the transfer are highly lucrative for Real Madrid, who retained a 50% sell-on clause when they allowed Muñoz to join Osasuna. As a result, the Spanish giants will pocket €20 million of the €40 million fee. Furthermore, during the negotiations, Real Madrid successfully insisted on retaining a buy-back option that becomes active at the end of Muñoz's first season at Anfield.[2][4][5]

Liverpool's medical staff traveled to the United States to finalize the deal while Muñoz was on international duty.
Liverpool's medical staff traveled to the United States to finalize the deal while Muñoz was on international duty.

For Liverpool, the signing signals aggressive intent in the summer market. Muñoz brings explosive speed and tactical versatility, capable of operating on either flank, though he primarily features on the left. As the club prepares for its pre-season tour in the United States, securing one of Europe's most coveted young wingers ensures their attacking depth remains formidable for the upcoming Premier League campaign.[1][5]

Newcastle, meanwhile, must return to the drawing board. After missing out on European football with a 12th-place finish last season, the Magpies are urgently seeking high-potential reinforcements. Missing out on Muñoz after weeks of groundwork underscores the ruthless nature of the Premier League transfer market when release clauses are in play.[3][4]

How we got here

  1. July 2025

    Víctor Muñoz transfers from Real Madrid to Osasuna for €5 million.

  2. March 2026

    Muñoz makes his senior debut for the Spanish national team, scoring against Serbia.

  3. May 2026

    Named to Spain's 26-man squad for the 2026 World Cup in North America.

  4. Mid-June 2026

    Newcastle United submits a £30.2 million bid to Osasuna, attempting to negotiate below his release clause.

  5. June 17, 2026

    Liverpool hijacks the deal by triggering the €40 million release clause in full.

Viewpoints in depth

Liverpool's Strategic Aggression

Liverpool's decision to bypass negotiations demonstrates a ruthless approach to the transfer market.

By paying the release clause in full, Liverpool avoided being drawn into a protracted bidding war. This decisive action secured a highly-rated 22-year-old international without giving Osasuna any room to reject the offer, ensuring their attacking depth is replenished with a high-ceiling player.

Newcastle's Transfer Frustration

Missing out on Muñoz highlights the challenges Newcastle faces in recruiting elite talent.

Having sold Anthony Gordon to Barcelona, Newcastle desperately needed a dynamic left winger. Their attempt to negotiate a lower fee backfired when Liverpool intervened, underscoring the difficulty of attracting and securing top targets after a disappointing 12th-place finish and a lack of European football.

Real Madrid's Astute Business

Real Madrid emerges as a major financial winner despite Muñoz never establishing himself in their first team.

By inserting a 50% sell-on clause and a buy-back option into his Osasuna contract, the Spanish giants pocketed €20 million for a player they sold for just €5 million a year prior. They also kept the door open for a future return, showcasing masterful contract management.

What we don't know

  • How quickly Muñoz will adapt to the physical demands of the Premier League.
  • Whether Real Madrid intends to exercise their buy-back option after his first season.
  • Who Newcastle United will target next to replace Anthony Gordon.

Key terms

Release Clause
A pre-agreed fee in a player's contract that, if met by a bidding club, forces the current club to allow the player to discuss transfer terms.
Sell-on Clause
A contractual agreement where the selling club receives a percentage of the transfer fee if the player is sold again in the future.
Buy-back Option
A clause allowing a player's former club to purchase them back for a predetermined fee within a specific timeframe.
Hijack
When a club unexpectedly intervenes to sign a player who was on the verge of joining a rival team.

Frequently asked

How much did Liverpool pay for Víctor Muñoz?

Liverpool paid his full €40 million (£34.6 million) release clause to secure the transfer from Osasuna.

Why did Newcastle miss out on the signing?

Newcastle attempted to negotiate a fee of around £30.2 million plus add-ons. While they negotiated, Liverpool bypassed the talks by paying the release clause in full.

How does Real Madrid benefit from this transfer?

Real Madrid held a 50% sell-on clause from when they sold Muñoz to Osasuna, meaning they will receive €20 million of the transfer fee. They also retained a future buy-back option.

Will Muñoz play for Liverpool immediately?

Muñoz is currently with the Spanish national team at the 2026 World Cup. He will join Liverpool for pre-season training after the tournament concludes.

Sources

Source coverage

6 outlets

3 viewpoints surfaced

Liverpool Management 40%Newcastle United 30%Spanish Clubs 30%
  1. [1]Liverpool EchoLiverpool Management

    Liverpool hijack Newcastle transfer for Victor Munoz as agreement reached

    Read on Liverpool Echo
  2. [2]AS USASpanish Clubs

    Victor Muñoz to Liverpool: Reds trigger release clause

    Read on AS USA
  3. [3]Grand Pinnacle TribuneNewcastle United

    Newcastle United Intensify Pursuit Of Osasuna Star Victor Muñoz

    Read on Grand Pinnacle Tribune
  4. [4]NUFC The MagNewcastle United

    Victor Munoz transfer from Osasuna to Newcastle United moves closer

    Read on NUFC The Mag
  5. [5]Crypto BriefingLiverpool Management

    Liverpool triggers €40M clause for winger Victor Munoz from Osasuna

    Read on Crypto Briefing
  6. [6]DaveOCKOPNewcastle United

    AS claimed Victor Munoz was likely Newcastle bound

    Read on DaveOCKOP
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