Confirmed: Real Madrid to receive €20 million as Liverpool sign former La Fabrica winger

Confirmed: Real Madrid to receive €20 million as Liverpool sign former La Fabrica winger Former Real Madrid winger Victor Munoz’s future has taken an unexpected turn. The 22-year-old Spaniard has signed for Liverpool from Osasuna after the Premier League club activated his €40 million release clause. The move sees the former Real Madrid and Barcelona academy player arrive at Anfield, where new manager Andoni Iraola views him as a key addition following Mohamed Salah’s departure. €20 million for Real Madrid For a long time, Newcastle United appeared to be favourites to sign the winger. However, Liverpool moved decisively and hijacked the operation , convincing Munoz to head to Merseyside instead. The transfer also represents excellent business for Osasuna. The Navarrese club paid €5 million to sign the winger last summer and, after just one season, will pocket a substantial profit. Half of the €40 million fee goes to Osasuna, while the remaining €20 million goes to Real Madrid thanks to the agreement reached when the player left the Bernabeu. Including the original transfer to Osasuna, Real Madrid will have earned more than €25 million from a player who made just four appearances for the first team. The Spanish giants are also believed to have retained a buy-back option, ensuring they can bring Munoz back in the future if they choose, although some sources dispute this claim . A standout season at Osasuna Munoz is now a Liverpool player. (Photo by Alex Caparros/Getty Images) After making his first-tema debut at Real Madrid in 2024/25 under Carlo Ancelotti, the La Fabrica speedster signed for Osasuna last summer. Munoz enjoyed an impressive campaign with Osasuna which earned him a place in Spain’s World Cup squad. He became one of the club’s most important players, making 34 league appearances, 31 of them as a starter, and scoring six goals. His performances significantly increased his value and attracted attention from several clubs before Liverpool eventually secured his signature. And, Real Madrid, having retained 50% of the winger’s economic rights while selling him to Osasuna in 2025, profit handsomely from the operation.