Bayern Munich have agreed a €75 million ($88m) deal to sign winger Luis Díaz from Liverpool, sources have told ESPN.

They earned £174.9 million in prize money for winning the Premier League last term and it was reported that the Merseyside giants have benefitted from FSG's decision to renew the £350m revolving credit facility which was due to expire this month.

Liverpool outcast Federico Chiesa has reportedly firmed up his stance on whether to leave Anfield this summer. The winger found first-team action hard to come by last season but his chances of being given more responsibility by Arne Slot could be about to go up, with Luis Diaz on his way to Bayern Munich.

The reigning Premier League champions continue preparations to defend their title on Saturday (7:30 am ET), when Liverpool take on Serie A giants AC Milan in Hong Kong.

Luis Diaz has been linked with a move to Bayern Munich and along with Darwin Nuñez was left out on Saturday when the Reds took on AC Milan.

Hugo Ekitike versatility at Liverpool could provide escape route for Luis Diaz - The Reds have maintained they do not want to sell the Colombian forward.

Darwin Nunez and Luis Diaz have reacted to a new message from Kostas Tsimikas amid uncertainty around the trio's future at Liverpool.