Below is a summary of the full article. Click here for the full version or go back to LFC Live.net
The Reds value Diaz at at least £85m.
Should Bayern come close to that valuation, then his successor could be Rodrygo.
The iconic former Liverpool midfielder's system limits the minutes available to Rodrygo, who will carry a price tag similar to Diaz's.
Liverpool's chief executive of football Michael Edwards is a long-time admirer of the Brazilian and wanted him in 2016 when he was just 16.
And his minutes across those appearances (16,152) only amount to 180 full matches, suggesting he could be lethal under Slot.
A front four of Ekitike, Rodrygo, Mohamed Salah and Florian Wirtz - with Dominik Szoboszlai, Curtis Jones, Cody Gakpo and Federico Chiesa as options to rotate in and out - would be a frightening prospect.
Out of contract in a year so available at a cheaper price and having only just turned 25, Guehi is homegrown and can play with both feet.
He can comfortably play in Virgil van Dijk's place or alongside Konate or Joe Gomez.
The England international would provide Liverpool a sixth homegrown player for 2025-26 (alongside Woodman, Frimpong, Gomez, Jones and Conor Bradley).
He could cost around £40m despite his contractual situation yet that would still be a fair fee for a defender who is elite in one-on-one duels and with the ball at his feet.
Liverpool's 25-man Premier League squad for 2025-26
Goalkeepers: Alisson, Mamardashvili, Woodman
Defenders: Frimpong, Bradley, Van Dijk, Guehi, Konate, Gomez, Robertson, Kerkez
Midfielders: Gravenberch, Mac Allister, Szoboszlai, Jones, Endo, Bajcetic*, McConnell*
Forwards: Salah, Ekitike, Rodrygo, Gakpo, Chiesa, Wirtz, Danns*
New signings: Ekitike (£80m), Rodrygo (£80m), Guehi (£40m)
Players sold: Tsimikas, Elliott, Morton, Diaz, Nunez, Doak, Ramsay, Williams
* - U21 players who don't need to be registered