Atletico Madrid are competing with Real Madrid for Liverpool striker Luis Suarez.

The Mail on Sunday says the Liverpool striker has resolved to leave England and knows Atletico Madrid are ready to use the money from the £50million sale of Radamel Falcao to Monaco to take him to La Liga.

Suarez is aware of Real's interest and would prefer a move to the Bernabeu, though Real do not want to pay Liverpool's £40m asking price.

But Florentino Perez, who will be declared Real Madrid president tomorrow for another four years, knows he must unveil a big signing this month.