Forest complete £22m Munoz signing from Palace
Source: BBC Sport ↗ (cross-verified by 2 outlets — full list below)
Nottingham Forest have secured the services of Colombian right‑back Daniel Munoz from Crystal Palace for a reported £22 million, finalising a three‑year contract that sees the 26‑year‑old re‑unite with manager Oliver Glasner at the City Ground. Munoz arrives after two and a half seasons at Selhurst Park, where he made 109 appearances and contributed 11 goals, and he joins a Forest side that recently recorded a £50 million arrival in Liam Delap. The club anticipates Munoz could make his debut in the upcoming Premier League clash with Tottenham Hotspur, adding depth to a back‑line that has struggled in the opening fixtures.
Munoz brings a wealth of experience to a Forest side that has already tasted European success, having helped Palace win the 2025 Community Shield and featuring in both the FA Cup and UEFA Conference League triumphs under Glasner. His 51 international caps underscore his pedigree, while Forest’s chief football officer George Syrianos highlighted Munoz’s strong performances in domestic and continental competitions, praising his mentality and ambition as assets for the club’s aspirations. The signing follows a period of mixed results for Forest, who drew 2‑2 with Liverpool after losing their first two Premier League matches and exiting the Carabao Cup to Leeds United.
The addition of Munoz signals Forest’s intent to bolster their defensive options as they aim to improve on a shaky start to the season and pursue higher objectives, including a potential return to European competition. His arrival also reflects the club’s broader recruitment strategy, targeting players familiar with Glasner’s system to reinforce cohesion. While the transfer adds a high‑profile name to the squad, it comes amid other transfer turbulence, such as Everton’s aborted purchase of Armstrong after fan opposition, underscoring the volatile nature of the current market.
⚡ Effects Interpreter
🌍World Economylow impact
What this means for you
- ▶The wider trading system tends to absorb shocks like this slowly.
- ▶Growth projections drawn up in distant capitals might need a rethink.
🏙️Local Economymedium impact
What this means for you
- ▶The buzz around big fixtures spreads to the local economy.
- ▶Pubs, restaurants and transport near the venue tend to enjoy a big-match boost.
🏦Rates & Bankslow impact
What this means for you
- ▶Interest rates and mortgage bills are unlikely to jump straight away from this alone.
- ▶Your monthly repayments are far more likely to hold steady than to spike.
❤️Healthmedium impact
What this means for you
- ▶The thrill of a big result can linger pleasantly for days.
- ▶Excitement is healthy, though nail-biting finishes test the nerves.
💷Wealthmedium impact
What this means for you
- ▶Money set aside for the future can afford to sit tight through this.
- ▶A brief dip in value is not the same as a permanent loss.
🏠Housinglow impact
What this means for you
- ▶First-time buyers might keep half an eye on mortgage rates after this.
- ▶Housing chains involving multiple buyers can be sensitive to any wider wobble.
🌍 Effects for your country
The U.S.'s central bank rate currently stands at 3.75%, so a global rates move like this could feed through to local borrowing costs. The U.S.'s economy is growing at 2.3% with inflation at 3.2%, the backdrop this story's effects play out against locally. Housing-market effects like this are usually felt most where mortgage rates track the U.S.'s own central bank rate closely. With the U.S.'s unemployment at 4.4%, personal-finance effects like this land on a labour market that is currently fairly stable. Health-system effects are harder to localise from economic indicators alone — the real impact in the U.S. depends more on local healthcare capacity than the figures above.
The UK's central bank rate currently stands at 3.75%, so a global rates move like this could feed through to local borrowing costs. The UK's economy is growing at 0.8% with inflation at 3.2%, the backdrop this story's effects play out against locally. Housing-market effects like this are usually felt most where mortgage rates track the UK's own central bank rate closely. With the UK's unemployment at 5.6%, personal-finance effects like this land on a labour market that is currently fairly stable. Health-system effects are harder to localise from economic indicators alone — the real impact in the UK depends more on local healthcare capacity than the figures above.
France's central bank rate currently stands at 2%, so a global rates move like this could feed through to local borrowing costs. France's economy is growing at 0.9% with inflation at 1.8%, the backdrop this story's effects play out against locally. Housing-market effects like this are usually felt most where mortgage rates track France's own central bank rate closely. With France's unemployment at 7.9%, personal-finance effects like this land on a labour market that is already under strain. Health-system effects are harder to localise from economic indicators alone — the real impact in France depends more on local healthcare capacity than the figures above.
Romania's central bank rate currently stands at 6.5%, so a global rates move like this could feed through to local borrowing costs. Romania's economy is growing at 0.7% with inflation at 7.8%, the backdrop this story's effects play out against locally. Housing-market effects like this are usually felt most where mortgage rates track Romania's own central bank rate closely. With Romania's unemployment at 6%, personal-finance effects like this land on a labour market that is currently fairly stable. Health-system effects are harder to localise from economic indicators alone — the real impact in Romania depends more on local healthcare capacity than the figures above.
The UAE's central bank rate currently stands at 3.65%, so a global rates move like this could feed through to local borrowing costs. The UAE's economy is growing at 3.1% with inflation at 2.5%, the backdrop this story's effects play out against locally. Housing-market effects like this are usually felt most where mortgage rates track the UAE's own central bank rate closely. Health-system effects are harder to localise from economic indicators alone — the real impact in the UAE depends more on local healthcare capacity than the figures above.