
The deal is a real statement of intent from American owners Fenway Sports Group and will go a long way to proving to the club's major stars - such as the likes of Fernando Torres and Jose Reina who have been calling for significant investment in the squad - that they are serious about restoring Liverpool to Europe's elite.
Personal Terms
The club earlier revealed they had turned down a bid for Torres from Chelsea and had no intention of selling their star striker as they see him as a key part of their plan to turn things around.Suarez's imminent arrival, which will give Torres some much-needed support up front, is a key moment in FSG's short three-month reign.

A statement on the club's official website read: "Liverpool Football Club announced this afternoon that they had agreed a fee of up to 26.5m Euros with Ajax for the transfer of Luis Suarez, subject to the completion of a medical.
"The club have now been given permission by Ajax to discuss personal terms with the player and his representatives."
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