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.

Liverpool have had to say a few painful goodbyes to some star players in recent times. Trent Alexander-Arnold left the club for Real Madrid

With his move to Bayern now agreed, Diaz enters the top three of Liverpool’s most expensive player sales. “So good is Liverpool’s business on the Diaz file that he slots in at number three in the all-time list.”

Liverpool and Bayern Munich are in advanced talks for the transfer of Luis Díaz, with sources telling ESPN they are close to agreeing a fee £65.5m ($88m) for his transfer.

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