Liverpool and Bayern Munich have agreed a transfer deal worth around $88 million (£66 million) for the Colombian winger Luis Diaz, who was in the final two years of his contract.

Bayern Munich have re-engaged with Liverpool over the potential signing of Luis Diaz, as reported by The Athletic. Having seen an earlier offer of €67.5million (£58.6m) rejected, the German champions are now in continued discussions with the Merseyside club, signalling their ongoing desire to land the Colombian international.