Liverpool have already spent more than £260m in this transfer window and could spend even more money after target Alexander Isak told Newcastle he wanted to leave Anfield - though they will need more funds to sign him
Bayern Munich are not giving up in their bid to sign Liverpool star Luis Diaz after submitting a second bid for the Colombian. The Bundesliga club have made Diaz their top target this summer but previously saw a bid of around £58million rejected by the Reds, who have made it clear he is not for sale.
Diaz was a huge part of Liverpool winning the Premier League title and competing on multiple fronts as he chipped in with 17 goals in all competitions.
Liverpool have already spend more than £260m on players this summer and could outlay even more after being tipped to sign Alexander Isak for £150m - so they may be forced to do business with Bayern.
Sky in Germany are reporting that Bayern have gone back in with another bid for Diaz, which is higher than the £58m Liverpool rejected.
Talks are being spearheaded by Bayern chiefs Jan-Christian Dreesen and Max Eberl, who are keen to upgrade Vincent Kompany's squad to help the team push for even more honours next season.
They have put a four-year deal on the table and Diaz is keen to make the move to Munich, having already told Liverpool he wants to explore a move away, it goes on to say.
Earlier in the window Diaz was being chased by Barcelona as boss Hansi Flick sought to bring a new winger to the club - before the La Liga club opted to sign Marcus Rashford. That leaves Bayern as the frontrunners to sign the 28-year-old, who has just two years left to run on his contract Anfield.
That means Liverpool could be forced into a difficult situation of having to accept an offer for the player if it is big enough, or risk losing him on the cheap in the near future.
Diaz joined the club from FC Porto in 2022 and has become an important player for the Reds, scoring a total of 41 goals and helping them win four major trophies - one Premier League title, one FA Cup and two Carabao Cups.
Liverpool have just signed Hugo Ekitike for around £79m and have been linked with signing Newcastle Alexander Isak too, so they are not short of options up front if Diaz were to leave.
However, he does offer cover at left wing should Cody Gakpo suffer an injury and Arne Slot will be unwilling to lose strength in depth, especially with Federico Chiesa looking likely to leave Anfield this summer.