Luis Diaz’s future continues to be a key topic of discussion at two of football’s most prominent member-owned clubs. Both Bayern Munich and Barcelona have set their sights on the Liverpool winger, who has yet to clarify his long-term intentions. The Colombian star has not committed to a contract extension at Anfield, and with no signs of progress on a new deal, Liverpool are faced with a difficult decision.
Diaz is currently under contract for another two years, but reports suggest he has a verbal understanding with Liverpool management. According to this informal arrangement, he would be allowed to leave if an offer in the range of €80–85 million is submitted. Despite Liverpool’s attempts to renew his contract, Diaz has so far declined to agree to fresh terms. That hesitation has left the club in a precarious position—balancing the risk of losing a valuable player for less in the future against the option of selling him now while his market value is still strong.
This ongoing uncertainty has opened the door for top European clubs to step in. With Diaz not ruling out a move and openly admitting to conversations with other teams, the summer window is shaping up to be decisive for both Liverpool and the player.
Bayern’s structured proposal and Barcelona’s quiet confidence
German giants Bayern Munich have already taken concrete steps to sign Diaz. According to Bayern Insider, the Bavarian club has settled on a framework for a potential deal. They are unwilling to exceed €60 million in guaranteed payments but are willing to include bonus clauses to push the overall value higher. This structure would still leave a gap of approximately €20 million between their offer and Liverpool’s asking price, but Bayern appear hopeful that incentives tied to performance could help reach an agreement.
The interest from Bayern comes in the wake of missed opportunities in the transfer market. After failing to land Nico Williams and Bradley Barcola, the club is keen to secure a high-profile signing and views Diaz as a player who can fill that role. Furthermore, it has been communicated to Bayern this week that Diaz would be open to a move to the Allianz Arena, reinforcing their belief in the possibility of completing the transfer.