🚨NEW: Bayern Munich has room to go higher, if need be.
An upper limit of €60m [£51.6m] plus possible bonuses for Diaz had been pre-decided ahead of negotiations with the Premier League champions.
There is an expectation – despite the player having expressed his interest in a move to Munich – that Arne Slot’s outfit will look to demand closer to €80m [£69m].
(@cfbayern)