Liverpool officially announced the signing of Spanish winger Victor Muñoz from Osasuna on Thursday, activating his £34.6 million release clause. The 22-year-old signed a six-year contract that runs through 2032.
Muñoz is currently in the United States with Spain’s World Cup squad, but the club arranged for him to take his medical and finalize the deal before joining up with the national team. He’s expected to be a backup option for Luis Enrique’s side behind Nico Williams and Lamine Yamal.
From Madrid Castoff to La Liga Standout
Muñoz’s path to Anfield wasn’t a straight line. He came up through Barcelona’s La Masia academy as a kid, then moved to Real Madrid’s youth system in 2021. But his first-team opportunities at the Bernabéu were limited to four substitute appearances during the 2024-25 season.
Madrid sold him to Osasuna last summer for just £4.3 million, and here’s the kicker — they kept a 50 percent sell-on clause. So Liverpool’s payment triggers a £17.3 million check straight to Los Blancos. That’s not bad business for a player Madrid barely used.
His breakout season in Pamplona was real, though. Six goals and two assists in 34 La Liga appearances caught the attention of Barcelona, Real Madrid (again), and Newcastle. The Magpies came closest before Liverpool jumped in.
What He Brings to Liverpool
Muñoz is not going to replace Mohamed Salah. That’s not the point. Liverpool’s front office sees him as a versatile attacker who can play anywhere across the front three, but his real weapons are pace, power, and one-on-one dribbling. He’s direct and aggressive in possession, which fits exactly what manager Andoni Iraola wants to build.
His international debut came in March against Serbia, and he scored off the bench playing as a center forward. That versatility helped him make Spain’s World Cup roster despite missing four of the last five gameweeks of the La Liga season with a muscle injury.
Tough Season, Bright Spot
Osasuna had a brutal second half — lost their final five matches and only stayed up on head-to-head tiebreakers. But Muñoz was the one consistent threat in an otherwise dim campaign. He played through pain, kept showing up, and the tape didn’t lie.
Now he’s at Liverpool, joining a club that’s trying to redefine its identity after losing a legend. Nobody’s asking him to fill Salah’s boots. But if his speed and directness translate to the Premier League, this could look like a smart bet on upside rather than a panic buy.
The Reds open their Premier League season in August. Muñoz will likely join up with the squad after Spain’s World Cup run ends, whenever that is.
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