Arne Slot believes Liverpool have conducted “great business” by selling Luis Díaz to Bayern Munich in a bid to offset their summer spending. The Reds have splashed £295 million ($390.3 million) on transfers this summer, with blockbuster moves for Florian Wirtz and Hugo Ekitiké draining the club’s funds.

The Liverpool manager was asked about the departure of the left winger following his side’s pre-season friendly win against Yokohama.

Luis Diaz joined Bayern Munich from Liverpool in an $88 million transfer earlier this week, and he has explained his reasoning behind joining the Bundesliga club

As reported earlier this week, Bayern Munich has finally completed the signing of Colombian forward Luis Díaz in a deal worth €75 million ($88 million). The arrival of Bayern’s newest star forward, however, also raises questions over the future of star talent Paul Wanner.

Bayern Munich sporting director Max Eberl revealed what made Luiz Diaz their ideal signing after he completed his move from Liverpool.

Revealing how the Germans finally made an offer Anfield chiefs could not refuse and the impact of this transfer for both clubs

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

The Colombian winger was touted as the Senegalese superstar’s successor at Anfield, having arrived at the club six months before Mané’s departure in 2022. Díaz had his struggles in the wake of a scintillating first few months, but leaves the club off the back of his best season in Liverpool colours.

Liverpool had rejected a first offer of £58.5m before accepting an improved bid after Bayern maintained their interest and the former Porto player wanted to go. Diaz had initially asked to leave Liverpool last summer while the club’s attempts to tie him down to a longer deal failed,