He says news that the star striker has agreed personal terms means the Reds will now abandon plans to try to retain his services.
Molby, 49, told the Daily Star Sunday: "Liverpool are preparing for life without Suarez.
"It is just a question of getting as much as they can for him. I think Suarez is very keen on moving to Real Madrid.
"He's made his bed but Liverpool are in a strong position to dictate what happens with that sale."