Sunderland’s pursuit of Víctor Muñoz remains active, but CA Osasuna have made their position clear once again — no deal will happen unless the full release clause is met.
The Black Cats attempted to sign the winger in January and, despite failed bids, reports suggest their interest has not faded ahead of the summer window.
Víctor Muñoz Sunderland transfer interest continues despite rejection
Sunderland made a strong effort to sign Víctor Muñoz earlier this year, submitting offers of €20 million before increasing that to €25 million plus a loan move for Eliezer Mayenda.
Those proposals were rejected, with Osasuna refusing to enter negotiations. The club’s stance has remained consistent, with sporting director Braulio Vázquez reiterating that they are not open to discussions below the release clause.
“We’re not listening, we’re sticking to the clause.” — Braulio Vázquez, via AS
According to Spanish reports, Sunderland are among several Premier League clubs still tracking the player, suggesting their interest has been revived ahead of the next transfer window.
€40m clause key barrier to any deal
Muñoz’s contract includes a €40 million release clause, which Osasuna are insisting must be met in full. Without triggering that clause, there is no pathway to a transfer.
Based on recent transfer patterns we’ve covered, La Liga clubs are increasingly firm when it comes to release clauses, particularly for emerging talents with strong development trajectories.
However, it remains too early to determine whether Sunderland will commit to that level of investment, especially given the financial scale involved.
Real Madrid clause adds further complexity
The situation is further complicated by Real Madrid’s involvement. The Spanish club retain both a buy-back option valid for three years and a 50% sell-on clause, limiting Osasuna’s flexibility.
“Real Madrid have a three-year buy-back option that’s already agreed upon. What we’re doing is enjoying Víctor until the end of the season.” — Braulio Vázquez, via AS
This structure means Osasuna are under no pressure to sell unless their valuation is fully met, while also safeguarding future value through Madrid’s clauses.
Player stance previously blocked move
Earlier in the year, it was also reported that Muñoz himself was not keen on leaving Osasuna during the January window, adding another layer of difficulty to Sunderland’s pursuit.
The winger has contributed six goals and five assists in 34 appearances this season, reinforcing his growing reputation in La Liga.
Key Insights
- Sunderland have revived interest in Víctor Muñoz
- January bids of up to €25m were rejected by Osasuna
- A €40m release clause remains the only route to a deal
- Real Madrid hold a buy-back option and sell-on clause
- The player previously showed reluctance to leave
What’s Next
Sunderland will need to decide whether to escalate their interest with a clause-triggering offer this summer. Osasuna are expected to maintain their firm stance, while interest from other Premier League clubs could increase competition. Any progress will likely depend on both financial commitment and the player’s willingness to consider a move.
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