Liverpool are keen to use the funds raised through Díaz’s sale to sign Newcastle United striker Alexander Isak, but an opening bid worth over £110 million ($145.4 million) was swiftly rejected by the Magpies on Friday and it remains to be seen whether they will table a second offer.

Another chapter in Liverpool's changing story came to an emotional end this week as Luis Diaz officially sealed a move to Bayern Munich. The Colombian forward left Anfield for a reported £65.5 million, closing a successful spell that saw him lift a Premier League title and light up the wing alongside Mohamed Salah.

Bayern Munich have signed Colombian winger Luis Diaz from Liverpool on a four-year contract, the Bundesliga club said on Wednesday.