Colombian striker Luis Diaz has signed a contract with Bayern Munich, becoming the club's third most expensive transfer for €75 million.

Luis Diaz, the 28-year-old Colombian striker, has signed a four-year contract with Bayern Munich after a transfer worth around €75 million from Liverpool. Diaz, who will wear number 14, said he is very happy to join a prestigious club. With 17 goals and eight assists last season, he will play on the left flank, competing with Kingsley Coman. Diaz is the third Colombian at Bayern, after Adolfo Valencia and James Rodriguez, and could make his debut in the friendly against Olympique Lyon.