Newcastle United are understood to have no issue with Real Madrid getting a buyback clause in any deal for Victor Munoz - as long as they get the price structure they are looking for in a deal worth around £35m.
Player Interest and Negotiation Progress
Munoz remains keen on the idea of playing for Newcastle and would be satisfied with the wage packet on offer, despite the complicated negotiations moving at a medium pace after United declared their interest officially two weeks ago.
The drawn-out process has had a knock-on effect due to Osasuna requiring discussions with Real Madrid after Newcastle's proposal of £30m up front with £4.5m add-ons.
Competition from Other Clubs
One negative aspect of the complexity of the deal - compared to the talks for Ewen Jaouen who signed for £18.5m last week from Stade Reims - is that it is alerting previously interested clubs, who Chronicle Live understands have been informed of where things stand between the Magpies and Osasuna.
It is understood that Real's fierce rivals Barcelona also like Munoz and have enquired about the left winger, but Osasuna do not want to wreck their relationship with the men from the Bernabéu.
Real Madrid's Position
But the deal is still there to be completed for Newcastle and Real Madrid, who don't want to activate their current £6.9m buyback clause, but still want to remain in the equation with a fresh option to purchase their former youth star in the future.
Newcastle have found themselves in a market where they are aiming to offer younger players from some of the Euro leagues a bigger stage to impress, and the club don't mind highlighting Anthony Gordon's progression from a raw youngster coming in from Everton to a fully-fledged England star in recent years.
Newcastle's Selling Point
The Magpies want to use Gordon's move to Barcelona to showcase that Newcastle is still the place to be, but success on Tyneside could attract bigger moves.
And if Munoz did agree to sign for Newcastle and shine for three or four years, a future move to Real Madrid would be another great example of players getting better because of the set-up on Tyneside.
Insiders have made it clear that Lewis Hall's journey from Chelsea's back-up ranks to the England national squad is accurate take on the last couple of years for the 21-year-old.
Reports that Hall lost his place at the World Cup squad because of a handful of appearances at right-back have been treated with contempt by Newcastle, not least after Dan Burn and Tino Livramento's rise to the Three Lions set-up at the tournament in the US.
Osasuna's Stance
Osasuna transfer chief Braulio Vázquez, has been quoted as suggesting that only the full £34.5m trigger for the winger's release will be considered.
Vázquez said earlier this year: “We won’t even listen; we’re sticking to the clause.
“Real Madrid have a three-year buyback clause that has already been agreed upon. What we’re doing is enjoying Victor until the end of the season. Football is very unpredictable.”



