TRANSFER GIST: BARCELONA AND MADRID PREPARE A £100M FOR SUAREZ

SOCCERSNIPERS BRINGS YOU ALL DAILY TRANSFER GIST..ENJOY.

Real Madrid and Barcelona are preparing a move for Liverpool striker Luis Suarez in the summer, according to the Daily Mail.

The Uruguayan signed a long term contract with the Reds last year but the same is unlikely to have any bearing on his future with both Spanish clubs desperate to add him to their ranks.

The South American is currently on £200,000 a week at Anfield and is also likely to get a major pay rise should he make the move to Spain in the summer transfer window.

The report states that the player has a €100m release clause in his contract, which can be activated by the Spanish giants as they look to strengthen their squad next season, with Atletico Madrid challenging them for the title.

Arsenal were interested in the striker last season and had made a £40m plus £1 bid for the player but are unlikely to make a move with the transfer fee almost doubled.

Suarez has been the standout player for the Reds this season, scoring 31 goals in the league which has won him the PFA Player of the Year award and every accolade possible in the end of season awards.

However, with Liverpool qualifying for the Champions League, it has made their position stronger in keeping the player at Anfield for yet another season.

Meanwhile, the player revealed that he was overcome with grief after the Reds squandered a three goal advantage against Crystal Palace to come back with only a point. The result meant that Manchester City are favourites for the title, having to take only a point against West Ham in the final game of the season.

"My team-mates were helping me, but I couldn't stop. I play every single game from the heart and I was very sad. I was sad for my team-mates, who have done so much. I was sad that I had missed chances. It is difficult. At the start of the season, our aim was to finish in the top four and qualify for the Champions League, so it has been good," Suarez said.

"But then we got into a position when we thought we could win the league, but lost against Chelsea and then that happened at Crystal Palace," he concluded.