Bayern Munich have agreed a €75 million ($88m) deal to sign winger Luis Díaz from Liverpool, sources have told ESPN.

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.

Diaz, currently in Tokyo with Arne Slot's squad on their pre-season tour, has been given permission by Liverpool to complete his move.

The reigning Premier League champions continue preparations to defend their title on Saturday (7:30 am ET), when Liverpool take on Serie A giants AC Milan in Hong Kong.

In that initial half-season, Diaz gave Liverpool fans reason to believe they had found a fitting heir to Sadio Mané. “He gave Sadio a strong last six months,” said Hendrick, noting that Diaz’s performances on the left allowed Mané to shift centrally and regain form during the run-in.

The winger's departure to Bayern Munich felt like a decision Richard Hughes couldn't turn down, but it does pose issues that Liverpool will now need to address in the transfer market

Liverpool recently uploaded a video giving football fans a sneak peek inside a squad training session as their pre-season tour of Hong Kong and Japan rolls on, and one player impressed in particular

Liverpool forward Luis Díaz is reportedly on the verge of joining Bayern Munich – and with it, securing a deal that triples his current salary. According to a report from BILD, the Colombian international is set to earn a staggering €14 million per year in Bavaria, compared to his previous €2.7 million net per year at Liverpool.