Liverpool are preparing a new contract offer for Luis Diaz.

The Colombia attacker has been linked with PSG and Atletico Madrid in recent weeks, with his father even talking up a move to Atleti.

However, Colombian reporter Pipe Sierra states the Reds aim to convince Diaz about staying with a pay-rise proposal.

Diaz's current deal runs to 2027.

This season, the 27 year-old midfielder has played 43 matches for the team, scored 13 goals and made 4 assists.