Liverpool has confirmed it has reached an agreement to sign Real Madrid playmaker
The Reds saw off competition from Arsenal for the
A statement on www.liverpoolfc.com read: "The 23-year-old will now undergo a medical on Merseyside."
Meanwhile, Luis Suarez insists he has drawn a line under last season's controversies and is looking for a fresh start in the 2012-2103 campaign.
The Uruguay international has had his fair share of problems since moving to Anfield in January 2011, most notably the alleged racial abuse of Manchester United defender Patrice Evra which resulted in an eight-match ban for the 25-year-old.
However, he recently signed a new long-term contract with Liverpool and is now looking to focus on his football as the Reds look to rebuild under new manager Brendan Rodgers.
"We are professional footballers," Suarez told various newspapers. "We play football on the pitch.
"Like any other problem someone has, you put it behind you and move on.
"Carlos (Tevez) had some problems as well. But he is a mature person and has sorted out those problems. He is an excellent player and everyone in England is enjoying watching him play at this moment.
"There were clubs who wanted to sign me but my priority was always to stay and sign for Liverpool. I am very happy here and the manager said he wanted me to stay because he was happy with me as a player.
"That gave me confidence. The club have trust in me because of the work I do on the football pitch and what happened in the past is in the past. It is over."
English Premier League