Bayern Munich is now permitted to finalize the signing of Luis Diaz from Liverpool.
Liverpool and Bayern Munich Agree on £65.5 Million Transfer Deal for Luis Diaz
Liverpool and Bayern Munich have reached an agreement on a transfer deal worth £65.5 million (€75 million) for Luis Diaz, according to reports. The Colombian international is expected to sign a four-year contract with Bayern following the agreement, which was reached in late July 2025.
The negotiations between the two clubs started after Bayern made their first bid for Diaz, which was for €52 million. However, Liverpool initially rejected the offer, and a second bid of €67.5 million was also turned down. After several rounds of negotiations, Liverpool finally agreed to the improved offer.
The decision to sell Diaz came after he signaled his desire to leave Liverpool in the summer of 2024. Despite Liverpool's initial reluctance to sell a key player, Diaz and his representatives pushed for a move. The club attempted two separate contract extension negotiations with Diaz but failed due to a gap between the club's offers and his demands, prompting the club to finally agree to a sale this summer.
Bayern's renewed interest followed their summer difficulties in landing other attacking targets such as Florian Wirtz and Nico Williams, and their desire to add pace and versatility to their frontline. Diaz has described the move as a “big gamble” and sought advice from Bayern’s Florian Wirtz before finalizing the transfer.
Liverpool are expected to receive €70m for Diaz, according to Transfermarkt. The fee represents a significant profit for Liverpool, who bought Diaz in January 2022 for a guaranteed £37.5 million, without paying any sell-on fee to Porto.
With Diaz's departure, Liverpool are pursuing Eintracht Frankfurt striker Hugo Ekitike. If they sign him, they may become more open to a Luis Diaz sale. However, no progress has been reported on Liverpool's pursuit of Alexander Isak.
The proposed Diaz sale has been praised as a sign of Liverpool's market intelligence this summer. The club is also reportedly interested in a £116m move for Florian Wirtz from Bayer Leverkusen.
In summary, Liverpool and Bayern’s negotiations culminated in a £65.5 million deal after Bayern increased their offer and Diaz expressed a strong wish to move, despite Liverpool’s initial resistance and contract extension attempts. The transfer is contingent on Diaz’s readiness to embrace a new challenge at Bayern and the financial terms meeting Liverpool’s valuation of the player’s market worth.
Liverpool's decision to sell Luis Diaz to Bayern Munich, following a series of negotiations, marks a significant opportunity for the Colombian international to join a new club and further his football career. With Diaz's departure, Liverpool may now shift their focus towards pursuing other attacking talents, such as Eintracht Frankfurt's Hugo Ekitike.