Bayern Munich have confirmed the signing of Colombia international Luis Díaz from Liverpool. Sources told ESPN the deal is worth €75 million ($88m), inclusive of add-ons. He becomes Bayern's third signing of the summer following the arrivals of Bayer Leverkusen's Jonathan Tah and Hoffenheim midfielder Tom Bischof.

Bayern Munich CEO Jan-Christian Dreesen has thanked Liverpool for the way they conducted themselves during the negotiations that resulted in Luis Diaz moving to the Allianz Arena. The Colombia international brought his three-and-a-half-year stay at Anfield to an end when he joined the German giants earlier this week.

Luis Diaz arrives at Bayern Munich as the club’s third most expensive player following his €75m transfer from Liverpool. The 28-year-old Colombian winger has since had his unveiling press