Photo File: Luis Diaz

Luis Diaz joined Liverpool in January 2022 in a £37.5m deal but has left with two years remaining on his contract; the Colombian also attracted interest from Barcelona but moves to Vincent Kompany’s Bayern Munich; Liverpool hold an interest in Newcastle forward Alexander Isak.

Bayern beat Barcelona to the signature of Diaz, who leaves Anfield despite having two years left on his Liverpool contract.

Liverpool rejected Bayern’s initial advances and an offer believed to be in the region of £58.5m (€67m), but the Bundesliga champions returned with a second offer of £65.5m (€75m) including add-ons. The Reds accepted the offer after securing what the club considers to be full market value.

Two separate attempts from Liverpool to agree a contract extension with Diaz failed due to a gap between offers and demands, and after the winger helped deliver the club’s 20th Premier League title, Liverpool reluctantly agreed to his request to leave.

The Premier League champions have now generated more than £130m from sales this summer.

They rebuffed Bayern’s initial approach for Diaz but the money on offer was considered too good to reject for a player that turns 29 in five months.

Diaz had expressed a desire to leave and with two years left on his contract, Liverpool felt there was little chance he would sign a renewal.