Bayern Munich have submitted a formal proposal to sign winger Luis Diaz from Liverpool. The 28-year-old Colombia international has emerged as a top target for Bayern and their first official proposal arrived on Tuesday. It was worth €67.5million (£58.6m; $78.8m) and immediately rejected by the Premier League champions.

Liverpool fans were in unison in their calls for the club to sell Luis Diaz after an update regarding his stance amid Bayern Munich links.

Liverpool hold a strong interest in Alexander Isak and have informed Newcastle of their intent to sign him, and if they can't get him they could move for Magpies target Hugo Ekitike

The latest Liverpool transfer news and opinion as the Reds turn down €67.5m (£58.5m) for Luis Diaz - is it the correct decision?

Liverpool are facing a vital transfer window as Arne Slot plots to build a squad that can retain their Premier League title.

Luis Diaz and Marcus Rashford are both on Barcelona's radar but the Catalan club will not sign both players, so one of the pair might have to settle for a fallback option

All the latest Liverpool transfer news and rumours, including updates on Darwin Nunez, Marc Guehi and Alexander Isak