The young Spanish forward is yet to make a senior appearance for the Whites, and has instead spent most of time out on loan since signing from Barcelona in 2019.
His latest stint away from Elland Road has taken him to hometown club Las Palmas in Gran Canaria, and it would appear that the 22-year-old is making quite the impact.
Mujica scored on his very first start for his new club, and according to Las Palmas’ president, the La Liga 2 side have made a move to turn his loan deal into a permanent one.
In a statement cited by Spanish publication Sport, said: “There’s an agreement in which UD Las Palmas can extend the contract beyond June 30th. If his performance continues as it’s been going, he must continue here.”
Mujica’s full debut goal remains his only one since signing for Las Palmas, but in recent weeks he has played his way into the starting XI, and it’s clear that he is making a much larger impact in the Spanish second tier than he could have ever hoped to in the Premier League.
A permanent move makes a lot of sense for all parties, and it just remains to be seen how much substance there is in this latest update.
Elsewhere, The Telegraph journalist Mike McGrath has reported that Newcastle United have hijacked Leeds’ move to sign promising RB Leipzig defender Matthew Bondswell.
The 18-year-old recently reached an agreement to cancel his contract in Germany after two-and-a-half years on the continent, and was said to be the subject of interest from the Whites and their Premier League rivals West Ham.
But it is now understood that the Magpies have reached an agreement to take the left-back to the north east instead.
The teenager failed to make any senior appearances for Leipzig, but did impress during a recent loan spell with Dutch second tier side FC Dordrecht.
Bondswell is also an experience England youth international.
We’ve gathered the rest of today's Premier League transfer speculation below:

1. Las Palmas in for Mujica
Las Palmas' president has suggested that the club have reached an agreement to sign Leeds United striker Rafa Mujica on a permanent deal in the summer. (Sport) (Photo by Dean Mouhtaropoulos/Getty Images) Photo: Dean Mouhtaropoulos

2. Premier League clubs keen on Kuchta
Newcastle United are among a host of Premier League clubs keeping tabs on Slavia Prague player Jan Kuchta. Brighton and West Ham are also keen. (Football Insider) (Photo by MILAN KAMMERMAYER/AFP via Getty Images) Photo: MILAN KAMMERMAYER

3. Chelsea already in for Haaland
Chelsea have ‘already moved’ to sign Borussia Dortmund striker Erling Haaland this summer. (Mundo Deportivo) (Photo by Lars Baron/Getty Images) Photo: Lars Baron

4. United in for Camavinga
Manchester United have entered the race to sign Rennes midfielder Eduardo Camavinga. (AS) (Photo by DAMIEN MEYER/AFP via Getty Images) Photo: DAMIEN MEYER

5. Kane wants out
Harry Kane is ‘committed’ to leaving Tottenham Hotspur this summer as Manchester City eye him up as a replacement for Sergio Aguero. (Sport) (Photo by ALASTAIR GRANT/POOL/AFP via Getty Images) Photo: ALASTAIR GRANT

6. Aguero frustrated at City
Sergio Aguero is becoming frustrated by a lack of game time at Manchester City despite his recent return to fitness. (Daily Mail) (Photo by Gareth Copley/Getty Images) Photo: Gareth Copley

