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Luis Diaz is set to join Bayern Munich after the German champions agreed a deal worth 75m euro including add-ons with Liverpool
Liverpool rejected an initial bid of £58.6m from Bayern for the Colombia forward earlier this month.
Diaz, 28, was left out of Liverpool's squad for Saturday's 4-2 pre-season friendly defeat by AC Milan in Hong Kong because of speculation surrounding his future.
He has been given permission by Liverpool to fly to Europe from Asia to complete a medical in the coming days.
Liverpool have signed forwards Florian Wirtz and Hugo Ekitike already this summer and are interested in Newcastle United's Alexander Isak.
Diaz arrived at Anfield from Porto in a deal worth an initial £37m in January 2022 and has scored 41 goals in 148 appearances, including 13 as the Reds won the Premier League title last season.
His 17 goals in all competitions in 2024-25 was the most prolific season of his career.
Bayern won their 34th Bundesliga title last season and scored a league-high 99 goals, but only made it to the last 16 of the German Cup and exited the Champions League in the quarter-finals.
Diaz will provide an attacking option for the Bavarian side, who will be without forward Jamal Musiala for a "long period" after he suffered a broken leg and dislocated ankle at the Club World Cup.
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