What happened: Liverpool are set to sign Víctor Muñoz after moving in late while Newcastle United had been in advanced talks. Reports say Liverpool agreed terms and are finalizing a deal for the Spanish attacker.

Why it matters: The move gives Liverpool an attacking addition early in the summer window and denies Newcastle a target they had been pursuing for days. It also signals Liverpool’s willingness to act quickly in a crowded Premier League transfer market.

What to watch: Watch for the medical, contract signing and club announcement. Newcastle’s next attacking target becomes the immediate follow-up.