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Liverpool has rejected a bid of $79million for Luis Diaz from Bayern Munich.
The player's future has come under increasing scrutiny this summer, with interest from the German champions alongside Barcelona and Saudi Arabian side Al-Nassr.
Bayern made an informal approach to Liverpool on July 2, but that was immediately knocked back, with the Reds refusing to negotiate on a player they see as a key part of Arne Slot's long-term plans.
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Now, an official offer from Bayern has been turned down by Liverpool, with a bid of €67.5M ($79M, £59M) immediately rejected as the Bavarian outfit looks to replace Leroy Sane and accommodate for the injured Jamal Musiala.
For internal auditing purposes, Diaz has been valued at €100M ($117M, £87M) by Liverpool, but the club has no plans to sell the player.
That's despite a report in The Athletic stating the Diaz "has made clear to the club he wants to leave".
Liverpool has also failed to negotiate with Barcelona this summer, with reports in Spain claiming the Catalan side views Diaz as its key target in the wide areas.
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Luis Diaz has been linked with a move away from Liverpool this summer
The player has two years left on his Liverpool contract and, at present, the club has no plans to negotiate an extension
That's despite claims in May from Diaz that he would talk to the Reds this summer about the possibility of signing fresh terms.
Speaking earlier this month about potentially leaving Liverpool, the former Porto man said: “We’re there, negotiating