Liverpool winger Luis Diaz has emerged as a top transfer target for Barcelona, but the Catalan giants face stiff competition from La Liga rivals Atletico Madrid next summer.

Diaz, under contract at Anfield until 2027, is reportedly open to a move under the right conditions.

Barcelona, prioritizing an attacking reinforcement under Hansi Flick, see the Colombian as a marquee signing.

With an improved financial outlook allowing them to increase their salary cap to €463m, the club are in a stronger position to make a formal bid.

However, Liverpool remain undecided on Diaz’s future.

The Reds are expected to offer him a contract extension but are also reportedly willing to consider offers in the region of €70m, according to Fichajes.

Atletico Madrid could enter the race should Antoine Griezmann decide to move to MLS, a decision expected in June.

Diego Simeone’s squad already features recent signings Julian Alvarez and Alexander Sorloth, but the potential departure of Griezmann could prompt a move for Diaz.

Liverpool’s transfer plans will also be influenced by the futures of key players Mohamed Salah, Trent Alexander-Arnold, and Virgil van Dijk, all facing uncertainty over their long-term commitments to the club.