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The 27-year-old Uruguay international striker will join Barcelona on a five-year contract for a transfer fee that has not been disclosed.
Suarez joined Liverpool from Ajax in January 2011 and established himself as one of the key players for the Reds.
The striker was popular among many fans (click here to read more) despite being embroiled in many controversies, and he has posted an open letter to them on social networking site Twitter.
A number of former Liverpool players have been giving their opinion on how the departure of Suarez will affect the Merseyside outfit.
Phil Thompson is among them, and he believes that despite Suarez’s brilliant campaign for the Reds last season, the club will continue to progress and rise.
‘It was a tremendous season and a lot of people came to the fore with a different brand of football’, the 60-year-old former defender told Sky Sports. ‘With or without Luis Suarez, I’m quite sure that will take place. It’s whether we get the goals again’.
Suarez will wear number nine at Barcelona, the same number that Alexis Sanchez had for the past three years.
With the Chile international forward leaving the Spanish giants for Arsenal on Thursday, that number became available and has now been given to Suarez.