Victor Munoz joins Liverpool without buy-back clause from Real Madrid

Victor Munoz, a former Real Madrid winger, is set to join Liverpool after the club triggered his release clause from Osasuna. Real Madrid will receive €20 million as part of a sell-on agreement but will not retain a buy-back clause. Reports suggest that a deal was also in place with Newcastle United, which included the option for Madrid to reclaim Munoz. With Liverpool's signing, Real Madrid loses control over the player's future, as they will only have first refusal if Munoz attempts to leave Anfield later. Madrid is expected to utilize the funds from this deal to strengthen their squad, with aims to sign Chelsea’s Enzo Fernandez next.

• 12:20 PMYahoo Sports — Real Madrid will not have buy-back clause for new Liverpool forward