Luis Diaz is on the verge of completing a transfer from Liverpool to Bayern Munich, with a recent update disclosing the true fee involved in the deal.
Reports on Sunday indicated that both clubs had settled on a £65.5 million transfer fee for the Colombian winger. Diaz has been eager to seek a fresh challenge, despite being part of Liverpool’s Premier League-winning squad last season.
He was omitted from the lineup in the pre-season defeat to AC Milan and is expected to arrive in Munich on Tuesday for his medical and to finalize his contract with Bayern.
Diaz’s departure comes on the heels of Trent Alexander-Arnold’s £10 million transfer, prompting speculation that Liverpool will reinvest the funds to push forward with their ambitious summer spending—potentially targeting unsettled Newcastle striker Alexander Isak.
However, a new report suggests that the actual fee for Diaz may be lower than initially reported.
According to German outlet BILD, Bayern Munich have agreed to pay Liverpool a fixed fee of £58.6 million for Luis Diaz, with an additional £6.5 million in potential bonuses.
Liverpool, who initially signed Diaz from Porto for about £42.5 million, are now expected to reinvest the funds to bolster their squad. Having already made four key signings this summer, the club views Alexander Isak as a potential final addition.
Multiple sources, including Fabrizio Romano, report that Liverpool are preparing a major offer for the Newcastle striker, who has expressed his desire to leave. Isak did not travel with the team for their pre-season tour of Asia, officially due to a minor thigh injury.
Despite spending over £280 million this summer on players like Florian Wirtz, Jeremie Frimpong, Giorgi Mamardashvili, Milos Kerkez, and Hugo Ekitike, Liverpool are still financially capable of pursuing a big-money move for Isak.
Their £174.9 million in Premier League prize money and the renewal of FSG’s £350 million revolving credit facility mean the club has significant financial flexibility. Under PSR rules, a £150 million Isak transfer could be amortised over five years, equating to only £30 million being counted in this year’s books.