Liverpool has secured the signing of Osasuna winger Victor Munoz by activating his €40m release clause, according to Fabrizio Romano. The move hijacks a deal Newcastle United were reportedly close to finalizing. The 22-year-old Spaniard has verbally agreed to a six-year contract, marking the first arrival of the Andoni Iraola era at Anfield.
How did Liverpool hijack the Victor Munoz deal?
Newcastle United appeared to be closing in on a deal for the winger in recent days. However, Fabrizio Romano reported late Wednesday night that Liverpool completed a “shock” hijack of the transfer. The Reds activated a €40m release clause in a move described as coming “out of nowhere.”
According to GIVEMESPORT sources, Munoz will sign a six-year deal to play alongside his compatriot, manager Andoni Iraola. The financial structure of the deal includes a significant windfall for another major club. Real Madrid is set to receive 50% of the €40m fee due to a sell-on clause written into the player’s contract when he joined Osasuna.
What is the cost of Liverpool’s attacking overhaul?
The acquisition of Munoz signals a broader trend of aggressive recruitment under Iraola. The club is prioritizing high-potential attacking talent to replace aging or departing stars. While Munoz provides immediate depth, the club is also pursuing more expensive targets to solidify the frontline.

Liverpool is currently working on a deal for Yan Diomande from RB Leipzig. GIVEMESPORT sources report that club officials have made progress with the 19-year-old, who is viewed as a replacement for Mohamed Salah. However, the financial gap between these two targets is substantial. While Munoz cost €40m, Leipzig is reportedly demanding a fee exceeding £100m for Diomande, following his standout performance for Ivory Coast in the World Cup.
Other names linked to the Anfield attack include Bradley Barcola from Paris Saint-Germain. This multi-pronged approach suggests the club is moving away from established veterans in favor of younger, high-ceiling players who fit a high-intensity tactical system.
Comparison of Target Profiles
| Player | Club | Reported Fee/Status |
|---|---|---|
| Victor Munoz | Osasuna | €40m (Clause activated) |
| Yan Diomande | RB Leipzig | £100m+ (Demanded) |
How will midfield changes impact the squad?
A significant reshuffle is expected in the center of the pitch. Liverpool is weighing options to replace or supplement current personnel as several key players face uncertain futures. Curtis Jones is expected to depart the club following interest from Serie A sides.
Furthermore, GMS sources have raised questions regarding the future of Alexis Mac Allister. If the midfielder leaves, the club will likely pivot toward younger, dynamic options. Two primary targets have emerged in recent discussions:
- Adam Wharton: The Crystal Palace and England midfielder is a high priority for Liverpool chiefs following his success with the Eagles.
- Ayyoub Bouaddi: The Lille sensation is being monitored by several Premier League clubs. Bouaddi gained international attention during the World Cup after a dominant performance against Brazil’s midfield.
The decision to target players like Bouaddi and Wharton suggests a trend toward “engine room” players who can handle high physical demands. This aligns with the club’s commitment to backing Iraola after a disappointing previous campaign.
Frequently Asked Questions
Who is the first signing for Andoni Iraola at Liverpool?
Victor Munoz is the first signing of the Andoni Iraola era, following the activation of his €40m release clause at Osasuna.

How much will Real Madrid receive from the Munoz transfer?
Real Madrid will receive €20m, which represents 50% of the €40m fee, due to a specific sell-on clause.
Which players are Liverpool linked with in midfield?
Liverpool is reportedly interested in Crystal Palace’s Adam Wharton and Lille’s Ayyoub Bouaddi.
What do you think of Liverpool’s transfer strategy under Iraola? Are these the right targets to rebuild the squad? Let us know in the comments below or subscribe to our newsletter for more breaking transfer updates.
