Liverpool sign Victor Munoz for €40m under Andoni Iraola

Liverpool have completed the signing of 22‑year‑old Spanish winger Victor Munoz from Osasuna for a €40 million fee, marking manager Andoni Iraola’s first transfer success since taking charge on June 4. The deal follows a breakout LaLiga season that sparked interest from several clubs. Victor Munoz only arrived at Osasuna from Real Madrid in the summer of 2025, yet the 22‑year‑old is already on the move again. His breakout LaLiga campaign attracted interest from multiple clubs. A €40 million clause in Munoz’s contract gave Liverpool the option to sign him, while Real Madrid declined to exercise their buy‑back clause. Newcastle United believed they had secured the winger before Liverpool intervened. Liverpool, the outgoing Premier League champions, faced a shortage of wide attackers after the departures of Mohamed Salah and Federico Chiesa. The club therefore prioritized adding a player who prefers the left flank.

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Munoz brings pace and one‑v‑one quality to the Liverpool attack and can operate across the frontline. His ability to play on the left aligns with the Merseysiders’ tactical needs. Richard Hughes stepped up the signing plans after consulting with Andoni Iraola. The Basque tactician expressed a strong desire to work with his countryman Munoz.

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The report noted, “It was following the appointment of Iraola on June 4 that Liverpool discreetly stepped up their pursuit.” It added, “Munoz was discussed in the initial squad planning meetings Iraola held with Hughes after accepting the opportunity to take over from Slot.” Senior sources at Osasuna said a phone conversation between Iraola and Munoz earlier this week “changed everything” and set Munoz’s heart on moving to Anfield.