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) and immediately rejected by the Premier League champions.

Liverpool have responded to Bayern Munich’s interest in Luis Diaz by naming their price for the Colombian winger.

Liverpool had told Bayern on July 2 that Luis Diaz was not for sale. Nevertheless, Bayern believe the Colombian is keen to join them, hence they returned with a first official bid. Liverpool’s position on Díaz has not changed. It remains to be seen whether Bayern will return with another offer.