Bayern have also identified Lyon winger Malick Fofana as an alternative and made an enquiry to learn the terms of his deal in case they fail to secure the Liverpool star's signing, according to Fabrizio Romano.

Bayern want Luis Díaz a lot. Vincent Kompany wants him a lot. It’s more likely than not now that he will leave Liverpool. LFC won’t stand in his way, but the offer has to be ‘massive’. Bayern is by far Diaz’s most likely destination

Liverpool and Bayern Munich are now 'optimistic' that they can reach an agreement for the transfer of Luis Diaz this summer, according to reports.