Official Market: Liverpool announce first signing of the Iraola era

It's official. Liverpool have secured the signing of Víctor Muñoz from Osasuna, after activating his €40 million release clause. The Spanish forward is the first reinforcement under new manager Andoni Iraola. Real Madrid, where Muñoz developed, will receive half of that fee, having sold him to the Pamplona club a year ago for €5M with a 50% sell-on clause.

Muñoz, 22, has penned a "long-term contract" with the English club, believed to be for six seasons. The player underwent his medical on Wednesday in Atlanta, where he is currently with the Spanish national team competing in the World Cup. A two-time Spain international, the winger made his debut in March, scoring a goal against Serbia. He was an unused substitute in the draw against Cape Verde.

The signing was expedited by Iraola's express desire to have his compatriot on board to kick off the new era at the club. The manager, who spent most of his playing career at Athletic Bilbao, closely follows LaLiga and was impressed by Muñoz's qualities. Liverpool, who had been tracking the player for a considerable time, managed to beat Newcastle to his signature.

According to English media, interest in the young forward wasn't limited to Premier League clubs. Manchester United and Bayer Leverkusen, who recently confirmed the signing of Afonso Moreira, were also monitoring his situation. Furthermore, Barcelona and Real Madrid, clubs Muñoz represented at youth level, had considered him for this summer but ultimately opted for other targets.

Versatility is one of Muñoz's most valued attributes; he can operate on either wing or as a central striker. His speed is another key asset, aligning perfectly with Liverpool's transfer strategy for this window, which focuses on recruiting fast players.