Liverpool have completed the signing of Colombian winger Luis Diaz from Porto in five-year deal for £45m
|Photo credit: uefa.com
Liverpool has agreed to pay 45 million euros (£37.5 million) to Porto for Colombian winger Luis Diaz, with a further 15 million euros (£12.5 million) in potential bonuses.
The Merseyside club has signed Diaz until 2027.
The 25-year-old has previously been linked with a move to Tottenham, who had a £38 million deal turned down.
"I'm very happy to sign for Liverpool," the international said on Sunday via the club's official Twitter account.
Diaz will need a work permit and is not expected to arrive in Liverpool until the end of next week.
In 18 league appearances this season, he has 14 goals and five assists for Porto, who are currently in first place in Portugal's Primeira Liga.
When the asking price was closer to £50 million, Diaz was Liverpool manager Jurgen Klopp's prime priority for the summer transfer window, but the Reds altered their minds when it became evident the winger may leave if they did not act.