Diaz will join the German club and could potentially replace Leroy Sane on the left flank. He will also be playing alongside former Premier League star Harry Kane.
Diaz expressed his excitement about joining Bayern Munich, stating that it is a dream come true to play for one of the biggest clubs in the world. He aims to contribute to the team with his playing style and personality.
Bayern Munich has made Diaz its marquee signing of the summer, following the arrivals of Jonathan Tah and Tom Bischof.
During his time at Liverpool, Diaz won several titles, including the Premier League, FA Cup, EFL Cups, and a Community Shield.
Liverpool FC has thanked Diaz for his contributions and wishes him well in his future endeavors. The club is now expected to focus on signing Newcastle's Alexander Isak.