Víctor Muñoz is said to be on FC Barcelona and Real Madrid’s radar. The 22-year-old spent time both at La Masia and La Fabrica, before debuting with Los Blancos’ senior side. He found a move to get playing time at Osasuna, and it’s paid off.
He’s been one of the surprises of the season in La Liga. Not just for the output, but for how he plays. Direct, aggressive, always looking to turn his full-back. Osasuna gave him minutes and responsibility, and he hasn’t looked overwhelmed by either. That carried
into his Spain debut against Serbia, where he scored and didn’t seem fazed by the step up.
Barcelona have taken notice. Mundo Deportivo reported days ago that the club has been monitoring him closely. It’s not hard to see why. Hansi Flick has had to patch together solutions on the wings at times, especially when Raphinha hasn’t been available. Muñoz offers something more natural for that role, someone who stays wide, stretches the game, and can beat his man without needing much help.
But the situation drags in Real Madrid at every turn.
They still own half of his rights and, more importantly, control a buy-back clause that kicks in this summer for eight million euros. In a market where his value has already climbed to around 20 million, that figure stands out.
There’s also the release clause at Osasuna, set at 40 million. If anyone pays it, Madrid take half. That’s part of what makes Barcelona hesitate.
Osasuna aren’t entertaining anything below the clause anyway. They turned down offers in January, some from England, and haven’t changed their stance.
From Madrid’s side, the plan seems clear. According to El Debate, they expect to activate the buy-back option and bring him back in the summer, then decide whether he stays or goes out on loan again. The final call will depend on how their squad looks in a few months, but the idea of strengthening Barcelona isn’t part of it.













