The Finland legend is a keen admirer of the striker's talents, and feels he can join Kenny Dalglish and Kevin Keegan as one of the finest No.7s to have ever donned the Red jersey.
"It's difficult to compare different players from different times," Litmanen told Liverpoolfc.tv. "Of course, Kenny and Kevin played in great teams that won a lot of trophies.
"You become a legend if you win things and you are in big teams.
"Time will tell what kind of results Liverpool will get in the coming years, but we all already know Suarez is a great player."