Luis Díaz moved from Liverpool to Bayern Munich for about €75 million (£65.5 million). The Colombian winger, who was key to Liverpool’s recent Premier League victory, will have a medical in Germany before signing a four-year contract (with an optional fifth year).

A Long-awaited Departure

Diaz had persuaded Liverpool that he wanted to leave as early as summer 2024, but contract extension discussions consistently failed to bridge the gap between his demands and the club’s proposals. With two years left on his Anfield contract, the Reds finally accepted Bayern’s upgraded offer after first rejecting a €67.5 million approach.

He was then left out of Liverpool’s pre-season squad in Asia, including a friendly against AC Milan, as negotiations continued and the trade seemed probable.

Diaz’s Contribution at Liverpool

Luis Díaz, who arrived from Porto in January 2022, has shown to be a reliable offensive force. During Liverpool’s 2024-25 title-winning season, he scored 17 goals and assisted 8 times in all competitions, averaging one goal per 133 minutes, well surpassing many great wingers.

He also second only Mohamed Salah in forward minutes, with more than 3,300 total playing minutes. Diaz’s flexibility allowed him to operate on both flanks and centrally, making him a key player in Arne Slot’s attack.

Financial Mechanics & Strategic Context

Bayern’s final offer reportedly includes £61.1 million up front plus £4.4 million in performance-based add-ons, which Liverpool accepted as fair market value. Diaz is likely to make about €14 million per year net at Bayern, which is much higher than his estimated €2.7 million net contract at Liverpool.

For Liverpool, the fee fits into their overall summer strategy. With roughly £290 million spent on new recruits, including Florian Wirtz and Jeremie Frimpong, and other exits, such as Trent Alexander-Arnold and Quansah, fetching more than £60 million, Diaz’s sale helps balance the books while keeping payroll flexible.

What the Move Means for Bayern

Bayern Munich sees Diaz as a long-term replacement for aging players and a vital reinforcement following Jamal Musiala’s injury. The signing is consistent with their hunt for premier left-sided attackers and offers scoring and wing versatility. Diaz’s experience, pace, and shown goal participation make him one of Europe’s most reliable wide players.

Liverpool’s Replacement Puzzle and Future Plans

With Diaz’s departure, Liverpool is looking for prospective replacements such as Alexander Isak (after increasing their transfer budget) and younger wingers Malick Fofana and Antonio Nusa. However, £65 million might be used to sign a high-profile striker such as Isak, who has indicated an interest in moving to Merseyside.

Other options include current Liverpool signing Hugo Ekitike and additional recruitment, depending on how the squad develops in the coming weeks.

Final Thoughts

Luis Díaz headlines Bayern Munich’s summer raiding—one of European football’s most expensive transactions. His departure signals the end of a brilliant Anfield chapter in which he developed as a key creative and goal-scoring contributor to Liverpool’s recent success. Bayern views it as a strategic reinforcement, giving depth and upside to their frontline.

Liverpool’s tactical response—whether pursuing Isak or focusing on younger wingers—will determine if this trade is balanced, ambitious, or dangerous. Díaz moves to Munich to pursue Bundesliga and Champions League glory, building on his previous Premier League success.