Diaz, currently in Tokyo with Arne Slot's squad on their pre-season tour, has been given permission by Liverpool to complete his move.

Bayern Munich is set to sign Luis Díaz from Liverpool. On Sunday, several outlets reported a breakthrough in the negotiations between the two clubs, with Bayern reportedly paying €75 million ($88 million) for the 28-year-old Colombian winger.

The reigning Bundesliga champions have endured a summer of spurned advances and failed bids. Nico Williams signed a new contract with Athletic Club, VfB Stuttgart have held firm on their valuation of Nick Woltemade and Liverpool beat Bayern to the record-breaking acquisition of Florian Wirtz.