Luis Diaz is closing in on an $88 million (£66 million) move from Liverpool to Bayern Munich after he landed in Germany ahead of completing his medical.

The Colombian was given permission to depart the Reds' Japanese training camp yesterday, with Diaz having flown to join up with his new club.

Once he has been checked over by Bayern Munich staff, the final touches will be rubberstamped on the switch.

In total, including all of the add-ons, Liverpool ended up paying FC Porto $58 million (£43 million) for Diaz.

Liverpool In Line For €26m Profit On Luis Diaz To Bayern Sale	Journalist explains how big Liverpool's profit will be from selling Luis Diaz as Julian Ward masterstroke emerges	Liverpool have made a NET PROFIT this year despite spending £295m

While losing Diaz will be a blow in terms of the quality of the Liverpool squad, it is undoubtedly a good price to have agreed.

Since the former Bournemouth chief took over the role last summer, Liverpool has brought in around $240 million (£180 million) from player sales.

Last summer, by selling the likes of Fabio Carvalho and Bobby Clark, the Reds made a profit of around $65 million (£49 million), having only brought in Federico Chiesa during Arne Slot's first window at the helm.

That is exactly why the full context of the summer that Liverpool is having is required to put its big spending into perspective.

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