Víctor Muñoz

In July 2025, the player's transfer from Real Madrid to Osasuna was completed for a fee of €5.0 million. By January 2026, reports indicate his Transfermarkt value was €10.0 million. The same reports mention Real Madrid holds an €8 million buyback option, and the player has an active €40 million release clause, which Tottenham Hotspur is reportedly prepared to pay.

Our valuation for Víctor Muñoz is driven by the strong rumour from January 2026 that Tottenham Hotspur is prepared to activate his reported €40 million release clause. This figure represents the clear ceiling and most likely transfer value, especially considering his recent successful move to Osasuna and Real Madrid's 50% sell-on clause, which incentivizes Osasuna to maximize the fee. The range's lower bound reflects a potential negotiated fee, though triggering the clause seems most probable.