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.

Bayern Munich have agreed to a €75 million ($88 million) deal to sign winger Luis Díaz from Liverpool, sources told ESPN. Díaz missed Liverpool's friendly defeat against AC Milan on Saturday due to ongoing speculation linking him with a move away from Anfield this summer and has now been granted permission to leave the Reds' preseason tour of Asia.

Luis Diaz's move to Bayern Munich won't just improve the German champions on the whole, but he will neatly complement Harry Kane in attack.

CLUBS are splashing the cash this summer as they look to bolster their squads in the transfer window ahead of the new season! Luis Diaz is set to undergo a medical at Bayern Munich today ahead of

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

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.

The Colombian international was filmed after arriving at Munich airport on Tuesday. If all goes according to plan, Diaz will complete his medical before signing a four-year deal. According to Sky Germany, Bayern have agreed to pay a fixed fee of €70 million, plus €5 million in add-ons for the Liverpool attacker.

Bayern Munich have submitted a formal proposal to sign winger Luis Diaz from Liverpool. The 28-year-old Colombia international has emerged as a top target for Bayern and their first official proposal arrived on Tuesday. It was worth €67.5million (£58.6m; $78.8m) and immediately rejected by the Premier League champions.