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Liverpool has reportedly 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 along with 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 engage on a player they see as a key part of Arne Slot's long-term plans.

Now, an official offer from Bayern has been turned down by Liverpool.

The Athletic claims a bid of €67.5M ($79M, £59M) was "immediately rejected".

For "accounting purposes", Diaz has been valued at €100M ($117M, £87M) by Liverpool, but the club has no plans to sell, adds the report.

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.

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 about the possibility of signing fresh terms.

Speaking earlier this month about the possibility to leaving Liverpool, the former Porto man said: “We’re there, negotiating.

We’ll see what can be achieved, for us and for the club.

We’ll try to do our best and make the best decision.

“We’re in the process of negotiations, talking with the club, with Liverpool, with everyone who’s approaching us.

Trying to make the best decision, now."

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