Transfer to Newcastle United is still on but pause button has been pressed
Tonali open to Tottenham move as De Zerbi pushes for transfer.
According to the report, the North Londoners want to make Tonali the cornerstone of their project and are already working to finalise a deal with Newcastle.
Tonali transfer latest: Tottenham join the raceMoretto claims that Manchester City and Manchester United have also shown interest, while Fabrizio Romano reported last week that Arsenal had resumed talks for the ex-Milan star.
Tonali would reunite with De Zerbi at Tottenham, with the Italian tactician very keen to welcome his compatriot in North London.
BERGAMO, ITALY – MARCH 26: Sandro Tonali of Italy celebrates scoring his team’s first goal with teammates Mateo Retegui and Moise Kean during the FIFA World Cup 2026 European Qualifiers KO play-offs match between Italy and Northern Ireland at Stadio di Bergamo on March 26, 2026 in Bergamo, Italy.
BERGAMO, ITALY – MARCH 26: Sandro Tonali of Italy celebrates scoring his team’s first goal with teammates Mateo Retegui and Moise Kean during the FIFA World Cup 2026 European Qualifiers KO play-offs match between Italy and Northern Ireland at Stadio di Bergamo on March 26, 2026 in Bergamo, Italy.
Both De Zerbi and Tonali are from Lombardy; Tonali was born in Lodi but was raised in Brescia, where he made his Serie A debut in 2019. De Zerbi was born in Brescia and played in the Milan Youth Sector.
Moretto reports that De Zerbi is pushing for Tonali’s transfer and that the 26-year-old midfielder is open to joining Spurs this summer.
Once the offer arrives, Osasuna will immediately inform Real Madrid. The Spanish giants will then have 48 hours to formally decide whether they want to activate their buyback option or step aside. 🇮🇹 Davide Bartesaghi | From Italy: Newcastle United initiate contact over potentially signing AC Milan defender https://t.co/VySTlTr4BR #nufc — Sport Witness (@Sport_Witness) June 16, 2026
Deal could rewrite Osasuna history
There are plenty of moving parts because of the agreement signed when Osasuna bought Muñoz last summer.
The Spanish club paid €5m (£4.3m) for the winger. Real Madrid kept 50% of his economic rights.
That means half of any future transfer fee will head straight to Madrid. On top of that, 5% of the deal must be distributed through FIFA’s solidarity mechanism to clubs involved in the player’s development. That would be Barcelona, Damm, Real Madrid and Osasuna.
Even after those deductions, Osasuna are expected to make more money than they received for Raúl García’s move to Atlético Madrid in 2007. That €13m (£11.1m) transfer remains the club’s record sale.
For Newcastle, though, the most encouraging detail is that Victor Muñoz already appears convinced. The player has a contract proposal until 2031 on the table and believes the move is right for his development. Now is just a matter of waiting for the clubs to finish working through the deal.