Liverpool and Bayern Munich are in advanced talks for the transfer of Luis Díaz, with sources telling ESPN they are close to agreeing a fee £65.5m ($88m) for his transfer.

Bayern Munich is set to sign Luis Díaz from Liverpool. On Sunday, several outlets reported a breakthrough in the negotiations between the two clubs, with Bayern reportedly paying €75 million ($88 million) for the 28-year-old Colombian winger.

Bayern Munich have reached an agreement with Liverpool to sign Colombian winger Luis Díaz in a deal worth €75 million. This browser is not supported, please use a different one or install the app The 28-year-old has been granted permission to travel for a medical ahead of completing a 4+1 year contract with the Bundesliga champions.