Munoz has been linked with a transfer to Tottenham Hotspur in the recent weeks, with TMW breaking the story at the beginning of January, before later revealing the offer they would have to match to steal him away from Palermo.
The 24-year-old is out of contract in the summer, and the previous report indicates that Palermo have offered him a new deal. However, if there is an indication that he will not sign an extension to his contract, the Serie A side may try to sell him in the January window, rather than risk losing him for free in the summer.
The contract situation places Rosanero in a tricky situation, leaving the door open for Spurs to take advantage and sign the former Argentine youth international, but the Premier League side are now facing competition of their own, with Palermo’s Italian rivals Napoli reportedly entering the race for the defender.
As also reported by TMW, Napoli have enquired into the player, but there appears to be an unwillingness to sell Munoz to a rival in the same division. This leaves the door open for Spurs to once again take advantage, but the same story also clears up the continuing rumours to confirm that only one formal bid has been submitted for him - from Russia.
Although there is no confirmation as to who has submitted the concrete offer, Spartak Moscow have shown a previous interest in the defender, and so the bid is likely to have been made by them.