Newcastle United
Real Madrid Set to Profit if Newcastle Complete Víctor Muñoz Deal
Newcastle pursue Osasuna winger Víctor Muñoz; Real Madrid set to collect millions from sale in deals.
Newcastle United have moved to formalise interest in Osasuna winger Víctor Muñoz, a transfer that would deliver a significant payout to Real Madrid.
Reports indicate Newcastle submitted an official bid as negotiations between the clubs increased. The Premier League side is reportedly “confident” of securing Muñoz for a package above $34.5 million (€30 million), while Spanish outlets suggest the overall cost could reach $46 million (€40 million) including add-ons.
Muñoz joined Osasuna under terms that protect Real Madrid financially. The contract included a three-year buy-back clause and a provision that awards Real Madrid 50% of any future transfer fee. That structure mirrors recent arrangements for Real Madrid Castilla graduates, including Nico Paz and Jacobo Ramón.
Technically Real Madrid retain the option to exercise the buy-back clause and prevent a move to Newcastle, but AS report the club does not intend to bring the 22-year-old back before the 2026/27 season. With no plan to re-sign Muñoz, Los Blancos stand to convert the clause into cash. If the transfer remains around €30 million Real Madrid would receive $20.1 million (€17.5 million). If the deal reaches €40 million the figure rises to $23 million (€20 million).
The potential windfall comes as Real Madrid continue to pursue a major summer signing. Club president Florentino Pérez has pledged to add a Galáctico, and the club’s outgoings this window have been limited. Only David Alaba and Dani Carvajal have officially left the Bernabéu, both departing as free agents.
There is also possible movement elsewhere in the squad. Striker Gonzalo García, under contract until 2030, has attracted interest from several European suitors with Como mentioned prominently. Now that Endrick has returned to the Spanish capital following a successful loan stint with Lyon, Gonzalo’s minutes will likely be few and far between next season. That situation could make a sale with a buy-back clause an appealing option for all parties.
Arsenal
Why Newcastle Is Unlikely to Meet Bruno Guimarães’s Arsenal Request
Bruno Guimaraes wants Arsenal but Newcastle’s stance and recent sales make a move unlikely in 2026.
Newcastle United captain Bruno Guimarães has reportedly informed his club that joining Arsenal is “his wish” this summer. That declaration has been met with resistance on Tyneside. It was bluntly rejected. Reports suggest Arsenal may return with another offer, but the response on the North-East is likely to be mixed.
The attraction for Guimarães is straightforward. Arsenal finished top of the Premier League last season and took Paris Saint-Germain to a penalty shootout in the Champions League final. With a squad described as still in its prime, Mikel Arteta has a settled first-choice XI, yet there is scope for increased depth as Arsenal pursue prolonged runs across competitions. Thomas Tuchel has observed how heavily players in north London are managed through the campaign, with both Bukayo Saka and Declan Rice nursing injuries at the World Cup. Guimarães is presented as a player capable of operating alongside or in place of Rice.
But player desire does not guarantee a move. The Brazilian’s importance to Newcastle is difficult to overstate. It was not until March that the Magpies recorded their first Premier League victory without him since he arrived more than four years earlier. He is described as the brain, heart and lungs of Eddie Howe’s side, and the team’s structure struggles when he is absent.
Newcastle’s finances also blunt the urgency to sell. The club has already banked almost $215 million from the sales of Anthony Gordon and Sandro Tonali this summer. After several seasons carefully managing Premier League financial rules, there is little need for funds that a Guimarães sale would produce, particularly at the levels Arsenal have been linked with. The Gunners have so far failed to move above $75 million, while Tonali cost Tottenham a minimum of $124 million.
Given the player’s form, his central role and Newcastle’s recent transfer income, a deal now appears unlikely despite the player’s wishes and Arsenal’s continued interest, according to The Athletic.
Arsenal
Tottenham’s summer outlay has complicated Arsenal’s pursuit of Bruno Guimarães
Tottenham’s lavish summer activity pushed Newcastle into keeping Bruno Guimarães and stopped Arsenal
Tottenham Hotspur’s aggressive activity at the start of the summer window has had consequences beyond north London. After signing Andy Robertson, Marcos Senesi and Martin Dúbravka as free agents and spending £52 million on Brighton & Hove Albion’s Jan Paul van Hecke, Spurs then committed heavy funds in midfield. The club paid a combined £185 million to acquire Mateus Fernandes and Sandro Tonali, with nearly all that money guaranteed. The £100 million deal for Tonali makes further movement in Newcastle United’s midfield far less likely.
Arsenal had been linked with Tonali but were not prepared to match the necessary outlay, so attention shifted to Bruno Guimarães. The Gunners saw a £55 million bid rejected by Newcastle. The Brazilian, bright at the World Cup, has been told by the club and those close to him that they do not intend to sell.
On YouTube, Fabrizio Romano assessed the situation: “Always been a player appreciated by [Mikel] Arteta, but now with Newcastle, it’s not going to be an easy one at all because Newcastle again made money with [Anthony] Gordon, made money with [Sandro] Tonali, and they already told Bruno Guimarães and they told people close to him that they want to keep the player.
“So, it’s not going to be easy at all for Arsenal to get it done,” he added.
Romano says Guimarães is the Gunners’ “top target in midfield” and suggests they could make another bid, but from Newcastle’s perspective the door is shut for now. Had Spurs not paid the sum to sign Tonali, Newcastle might have been more willing to consider offers for the 28-year-old Guimarães.
Arsenal remain expected to prioritise attacking reinforcements too, with Morgan Rogers and Bradley Barcola among names linked, yet there is also room for midfield additions. Christian Nørgaard is set to move on after one season, and the workload placed on Martín Zubimendi and Declan Rice exposed the need for further rotation. Adding a player of Guimarães’ profile would give Mikel Arteta more scope to manage Rice’s minutes.
Arsenal
Arsenal preparing fresh bid for Bruno Guimarães after Newcastle rebuffed opening offer
Arsenal plan a higher offer for Bruno Guimarães after Newcastle rejected an opening $73m bid. Again.
Arsenal are expected to press on for Newcastle United midfielder Bruno Guimarães after their initial approach was rejected. The Daily Mail reported Arsenal’s first bid, described as being in the region of $73 million (£55 million), was bluntly rebuffed and the club now plans to return with an improved offer.
Newcastle’s stance remains firm: club officials have warned suitors that Guimarães is not for sale. On paper that position is backed by contract details. Guimarães is under contract with Newcastle until 2028, meaning the Magpies retain control over any transfer this summer. The draft-first bid came amid a backdrop of financial consideration at St James’ Park.
The club have been open about difficulties complying with Premier League financial rules. Anthony Gordon’s $81 million move to Barcelona has provided relief, but talks over further sales continue as the club evaluates its options. The business case for selling major assets appears to involve midfield departures. Sandro Tonali’s situation is central to those discussions: he is in talks with Tottenham Hotspur, has admirers across the Premier League and Europe, and it is suggested he will be playing for a new club when the new season begins.
Losing Tonali and Guimarães in the same window would represent a severe challenge for Newcastle. The club’s recent progress has been driven in large part by midfield quality, and the potential departure of both players would weaken that foundation. It remains unclear what figure Arsenal will lodge next or whether Newcastle will shift from its current refusal to sell.
Newcastle officials are reportedly growing increasingly concerned and uncertain about Guimarães’s intentions as he enters the final two years of his contract at St James’ Park. Even if money is available, the club must weigh transfer income against potential damage to squad morale if key players signal a desire to leave.
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