The club moved swiftly at the end of last week to beat Tottenham and Manchester United to the player's signature, with him now on course to be a Reds player by the end of the window.
Indeed, it's exciting news for the club and Jurgen Klopp has met with Diaz over a remote call, the Telegraph can reveal:
🚨 NEW: A FaceTime call between Jurgen Klopp and Luis Diaz was sanctioned by Porto last week and the pair met remotely. Diaz was in the Colombia team hotel in the city of Barranquilla. Klopp was on Merseyside. They got on well. #awlive [telegraph] pic.twitter.com/ab4pnPyYi8
Anfield Watch Verdict
Klopp will be eager to get working with Diaz.
He's a player who looks set to fit in well to Klopp's playing style, with him possessing lots of pace and direct attacking attributes.
Let's just hope he can settle in fast.