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One of the clubs most prominently in for Wirtz was Bayern Munich.

And while its loss was Liverpool's gain, it has left the Bavarians with some major cash to throw about.

According to CF Bayern Insider, Bayern had set aside $175 million (£130 million) for the Wirtz transfer.



But it's suggested that $93 million (£69 million) might see Hughes entertain talks.

Thanks to the failed Wirtz bid, Bayern has enough money to stretch to those heights, should it consider Diaz worth the money.

In Woltemade's case, $76 million (£56 million) might bring Stuttgart to the table.

Between them, perhaps Woltemade and Diaz could help to replicate the impact that Wirtz would have had for Vincent Kompany's side.

But with the Colombian having made it clear that he wants to leave, and the club reluctant to engage in contract talks with the 28-year-old, thoughts may turn at some stage to maximizing resale value.

And by beating Bayern Munich in the Wirtz race, Liverpool has equipped the primary suitor with money to burn

If Bayern does go up to $93 million for Diaz (and there is every chance the Reds would hold out for even more), it would fund well over half of the Wirtz outlay.

Throw in the fees that Hughes already extracted for squad players Caoimhin Kelleher and Jarell Quansah, and Liverpool is looking at a situation where it has already recouped its Wirtz spend and then some