Bayern Munich are preparing to submit a renewed offer for Luis Diaz as they intensify efforts to land the Liverpool winger.

The Bundesliga club has already seen two bids rejected but remain determined to get a deal done for their top attacking target.

According to Fabrizio Romano, Bayern are readying a new approach after their previous €67m (£58m) proposal was turned down.

Liverpool submit opening Hugo Ekitike bid, up search for Luis Diaz upgrade and set to resolve Ibrahima Konate future	Liverpool submit opening Ekitike bid, up search for Diaz upgrade and set to resolve Konate future as transfer strategy revealed	Fabrizio Romano drops game-changing Hugo Ekitike update as Liverpool submit ‘official bid’

Liverpool, however, have made it clear they will not entertain offers below €80m (£69.2m).

The Merseyside club is not actively pushing Diaz toward the exit but acknowledges the Colombian’s desire to leave.

ALSO READ: Liverpool put figure on Ben Doak amid growing Premier League attention

While reports suggest Diaz has agreed personal terms with Bayern and informed Liverpool of his preference to move, the Reds are standing firm.

The club values the 28-year-old highly, especially after a 17-goal campaign where he often proved unplayable.

Christian Falk has reported that Bayern Munich hope to arrange a direct meeting with Liverpool to negotiate a resolution.

Still, unless their new offer represents a significant increase, Liverpool are unlikely to budge.

Fabrizio also reports that Barcelona remains in contact with Diaz’s camp, but Bayern appear the frontrunners for now.

Liverpool’s position is straightforward: either meet the price or move on.

With Diaz being a vital part of Arne Slot’s plans, the Reds won’t be rushed or lowballed into a deal they deem unworthy.

ALSO READ: Liverpool set to sign Hugo Ekitike as deal near completion