Bayern Munich are in advanced talks with Liverpool over a deal for Luis Diaz.
Liverpool rejected Bayern's initial advances and an offer believed to be in the region of £58.5m (€67m) but the German champions have since returned with a second offer of around £69m (€80m).
Final details are being discussed now over the total package.
Throughout the summer, Liverpool have been unwilling to sell a key first-team player but Diaz has made it clear he wants to leave and join Bayern. Liverpool were then left with little option but to discuss a potential deal.
Diaz joined Liverpool in January 2022 for a guaranteed £37.5m (€42.9m) payment, signing a five-and-a-half-year contract.
He currently has two years left on his deal, and, at 28 years old, this represents good business from Liverpool's hierarchy.