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Bayern Munich will be paying up to $88 million (£66 million) for Diaz's services, which represents a profit of around $30 million (£23 million) on the fee that Liverpool paid FC Porto, including the add-ons that were triggered, after his last move in January 2022.

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But he has been given permission to exit the camp and travel to meet up with Bayern Munich to complete a medical.

While Liverpool has spent big in the transfer window this summer, this latest deal will bring in another substantial sum