Bayern Munich blocks massive Al Hilal bid for Luis Diaz as Saudi sports spending reshapes global capital flows

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Bayern Munich rejected a bid of 120-150 million euros from Al Hilal for Luis Diaz, with CEO Jan-Christian Dreesen dismissing the transfer rumors as totally wide of the mark. The German club signed the Colombian winger from Liverpool in summer 2025 for 75 million euros, with his contract running through 2029. Al Hilal was also prepared to offer Diaz an annual salary of approximately 25 million euros. This attempt comes as the Saudi Pro League continues its aggressive player acquisition strategy, redirecting billions in capital that increasingly intersects with sovereign wealth funds, tokenized sports assets, and the broader digital economy.

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