Real Madrid to earn €17.5m as Victor Munoz moves to Newcastle

Yahoo Sports1 min read • Latest: Jun 11, 2026, 3:05 PM

Last updated Jun 11, 2026

Real Madrid to earn €17.5m as Victor Munoz moves to Newcastle
Summary

Victor Munoz is set to join Newcastle United from CA Osasuna, with the transfer valued at €35 million. Real Madrid, having retained 50% economic rights on Munoz when he left the club, will receive €17.5 million from the deal. The winger has emerged after a breakthrough season, earning him a call-up to the Spain national team. Despite discussions about potentially re-signing Munoz, Real Madrid opted against activating his buyback clause. This financial boost comes as the club prepares for significant transfer activity this summer.

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By the Numbers
  • Victor Munoz to join Newcastle from CA Osasuna
  • Real Madrid retains 50% economic rights
  • Transfer fee reportedly €35 million
  • Madrid receives €17.5 million from the deal
  • Munoz earned Spain national team call-up
Latest Updates
  • 3:05 PMYahoo SportsReal Madrid set for €17.5m windfall as former winger closes in on Newcastle move – report
What they're saying
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Real Madrid have made it a point to retain some degree of control over young players leaving the club after their cycle with Castilla comes to an end.Los Merengues, more often than not, retain 50% eco...

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