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Bayen have ramped up their efforts in trying to get the Colombian international from the Premier League champions.
The Gunners have also made a breakthrough in negotiations over RB Leipzig striker Benjamin Å eÅ¡ko and could agree on a fee of around €75 million (£64.3 million, $88.2 million), CaughtOffside states.
In addition to Diaz, Bayern are also considering Manchester United attacker Marcus Rashford as a potential option in their ...