MUNICH: Bayern Munich on Wednesday completed the signing of forward Luis Diaz from Premier League champions Liverpool for a reported fee that could rise to 75 million euros ($86.5 million).

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The Colombian winger, who won the Premier League, FA Cup and two League Cups during his time at Anfield, has signed a contract with the Bundesliga champions until 2029.

The fee paid for Diaz is the third-highest in Bayern’s history.

“In Luis Diaz, we have succeeded in bringing in one of the best left wingers in the Premier League,” said Bayern CEO Jan-Christian Dreesen.