Mundo Deportivo has reported that Jon Magunazelaia is set to join SD Eibar following the termination of his contract with Real Sociedad. Magunazelaia has agreed to play for SD Eibar in the upcoming season after mutually agreeing to end his contract with Real Sociedad, which was initially valid until 2026. He is expected to sign with Eibar until 2028. The agreement between the clubs includes financial terms that depend on sporting achievements, such as Eibar's possible promotion. Real Sociedad will retain a percentage of any future transfer fee for the player. Magunazelaia reportedly chose to return to Eibar, where he began his football career, despite receiving more lucrative offers from other Segunda División clubs.

Jon Magunazelaia is anticipated to end his contract with Real Sociedad to make a move to SD Eibar, his local team, in the Segunda division. He was not part of Sergio Francisco's plans for the first team and was unlikely to fit into Jon Ansotegi's Sanse team. After joining Real Sociedad last summer, he found limited opportunities for playing time in La Liga under the management of Imanol Alguacil. In January, he was loaned to Córdoba in the Segunda division, where his performance did not significantly impact the team, making his reintegration into the main squad doubtful. Despite the possibility of remaining with Sanse after their promotion to Segunda, it appears he will transfer to SD Eibar instead. This development was covered by journalist Quique Marín.