Bayern Munich officially announces the signing of Luis Diaz. | OneFootball

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Although there was a lot of tug of war from Barcelona to acquire the player's services, it appears that the Spanish team has completely settled for signing Marcus Rashford, on loan from Manchester United, who will undoubtedly be the player who will occupy the left wing position.

The deal for Nico Williams also fell through before the signing of Marcus Rashford, and now one of the Spanish club's targets, Colombian Luis Diaz, has officially become a Bayern Munich player on a four-year contract until 2029.

How much did Bayern Munich pay for the Colombian?

According to reliable press reports, most notably from Diario AS, Bayern Munich has spent the full amount of 70 million euros to acquire the services of the talented Colombian player from the English giants. Barcelona had submitted an official offer of no more than 60 million euros, which was rejected by Liverpool. Now, the Colombian will receive 17 million euros annually with Bayern Munich, which is three times his previous salary with Liverpool.

"I'm very happy. It means a lot to me to be part of Bayern Munich – it's one of the biggest clubs in the world. I want to help my new team with my style of play and my personality. My goal is to win every possible title, and that's what we will work towards every day as a team" said the Colombian.