The report claims Real Madrid president Florentino Perez has made Suarez one of his top targets, but Liverpool will play hard ball in any negotiations.
The Anfield club are under no pressure to sell after Suarez signed a contract extension in December. He's under contract for another four and a half years, tying him to the club until 2018.
Last summer Arsenal lodged a bid for his services, reportedly one pound over £40m, and the Gunners are often linked when Suarez's names pops up in transfer rumours.
Similarly, Real Madrid are also thought to covet the Uruguayan international, who currently leads the Premier League scoring chart with 23 goals this season so far.
But considering his contract situation, Liverpool reportedly feel like they can dictate any terms regarding a transfer.
And with a £100m price tag, Liverpool intend to make Suarez the world's most expensive player should any club follow up their interest with a bid.
Liverpool remain in title contention in the Premier League, with Suarez and strike partner Daniel Sturridge among the most dangerous combinations in European football.
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