Luis Díaz has completed a £65.5 million transfer from Liverpool to Bayern Munich, with the Bundesliga champions beating Barcelona to secure his signature. Díaz leaves Liverpool despite having two years left on his contract, marking a significant move ahead of the 2025-26 season.

The transfer process involved Bayern making an initial offer in the region of £58.5 million (€67 million), which Liverpool rejected. However, Bayern returned with an improved bid worth £65.5 million (€75 million) including add-ons, which Liverpool accepted after considering it full market value. Liverpool had been reluctant to sell a key first-team player during the summer, but Díaz and his representatives pushed strongly for the move, having first indicated a desire to leave in the summer of 2024.

Díaz joined Liverpool in January 2022 for a guaranteed fee of £37.5 million (€42.9 million) on a five-and-a-half-year contract, helping Liverpool secure their 20th Premier League title. Attempts to renew his contract failed due to differences in salary demands, leading to Liverpool's reluctant agreement to his transfer request.

For Bayern Munich, Díaz's signing marks a notable gamble. He was not their first-choice target; after failing to sign Florian Wirtz and other alternatives like Nico Williams, Rafael Leão, and Bradley Barcola proved unavailable, Bayern turned to Díaz. Key Bayern players Thomas Müller, Leroy Sané, and Mathys Tel recently departed, and Jamal Musiala suffered a leg fracture, increasing the urgency to strengthen their attack.

Liverpool agree £65m deal to sell Luis Diaz to Bayern Munich with forward to sign four-year deal after requesting to leave Anfield	Luis Diaz completes £65million move to Bayern Munich from Liverpool	Luis Díaz completes £65.5m move from Liverpool to Bayern Munich

Díaz is expected to earn €14 million before taxes at Bayern, a 66% pay rise from his Liverpool salary. This financial commitment contrasts with Bayern’s goal to lower their payroll, reflecting the significant investment the club is making in Díaz despite it being a riskier move.

Overall, the deal signifies a major shift for Liverpool and presents Bayern with a high-cost player who arrives amidst significant squad changes and injury concerns.

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