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.

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 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

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

USMNT striker Patrick Agyemang is about to get his first taste of football in England. Charlotte FC have sold the 24-year-old to Derby County for £5.8m. He should thrive in the Championship. Crystal Palace’s fans marched on Selhurst Park yesterday (above) to protest against their expulsion from the Europa League. Bring out the pitchforks.

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