Liverpool complete signing of Luis Diaz from FC Porto for €44m

Colombian 25-year-old signs contract until 2027 subject to securing a work permit

Liverpool have completed the signing of Colombia forward Luis Diaz from Porto, the Premier League club have announced.

The 25-year-old has signed a long-term contract with the Anfield club, understood to run until 2027, after the Reds agreed an initial fee of £37.5 million (€43.6m) with the Portuguese outfit.

The deal, which could also see Liverpool pay an additional £12.5m (€14.5m) in potential add-ons, is subject to the acquisition of a work permit.

A tweet from the club read: “The moment you’ve been waiting for... Luis Diaz is a RED.”

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Liverpool representatives travelled to South America, where Diaz is currently on international duty, to complete the deal ahead of Monday’s transfer deadline.

Diaz, who is due to play for Colombia in a World Cup qualifier in Argentina on Tuesday, is not expected to arrive on Merseyside until later in the week at the earliest.

Liverpool have beaten off competition from other clubs, notably Tottenham, to secure the services of the player.

Diaz was understood to have been Klopp’s first target for next summer but the club decided to move earlier than planned due to the interest of others.