Liverpool winger Luis Díaz is closing in on a €75 million switch to Bayern Munich as the Bundesliga giants have reignited their pursuit and entered advanced negotiations with Liverpool. Reports indicate that Bayern’s second bid pushed the offer to around €65.5–67 million—Liverpool previously rebuffed an initial approach near €58.5 million—and although Liverpool clung to a stance that Díaz was not for sale and valued him at least €100 million, the Colombian has been subject to increasing speculation over a potential move. In light of this, manager Arne Slot opted to leave Díaz out of Liverpool’s matchday squad for their 4‑2 pre-season loss to AC Milan, citing ongoing talks and uncertainty surrounding his future.
Bayern reentered discussions after having an initial offer refused and having been told by Liverpool that Díaz would not be permitted to leave. Despite that, Díaz reportedly expressed openness to a move to Munich. While Barcelona and Al‑Nassr also made inquiries, it is Bayern who have advanced negotiations most substantially. Liverpool this summer invested heavily—spending around £250 million on signings such as Florian Wirtz, Hugo Ekitiké, Jeremie Frimpong and Milos Kerkez—and may see Díaz’s departure as a way to recoup part of that expenditure. Other players including Darwin Núñez could also depart, though his recent absence was ascribed to injury rather than potential transfers.
From Bayern’s perspective, the need for attacking reinforcements is urgent: Leroy Sané has moved on to Galatasaray, Mathys Tel was sold to Tottenham, and Jamal Musiala is out injured, while Thomas Müller has also departed. This has left Bayern in need of a high-calibre winger and Díaz fits the profile seamlessly—versatility, experience, and goal threat. Sources close to the club suggest they are ready to push closer to Liverpool’s demands. Based on recent coverage, the deal appears to be nearing a “here we go” stage, with €75 million widely reported as the fee most likely to secure Díaz’s exit, potentially rising further with add‑ons.
Díaz is under contract with Liverpool until June 2027 but has reportedly been reluctant to extend, with suggestions he favors a fresh challenge and a salary bump, expected at around €14 million gross per year at Bayern. While Liverpool initially stood firm at over €100 million valuation, they appear to have softened as negotiations stretched on and Díaz’s alignment with Bayern became clearer. Bayern, applying disciplined spending yet still seeking top talent to replace outgoing attackers, see Díaz as a strategic signing within budget that could immediately impact their squad.
The transfer, if completed, would help Liverpool recover part of their substantial summer outlay and open room for further moves — potentially including Alexander Isak, who’s being monitored as a possible target from Newcastle, though any deal would come at a steep cost. For Bayern, acquiring Díaz would signal an ambitious attempt to rebuild after a turbulent offseason; it would also add depth and creativity on the flanks which they currently lack. Both clubs are poised to benefit—Liverpool monetarily and tactically, Bayern by enhancing their attacking potency—while Díaz looks set to embark on a pivotal new chapter in his career.
