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Liverpool FC are ready to splash £110m in transfer deals this summer - but are also preparing to sell Luis Suarez to Barcelona, according to the Telegraph.

The newspaper believes Suarez could leave Anfield, and if he does, the Reds will launch a raid on some of Europe's most exciting players.

The Reds are believed to be stepping up their interest in Alexis Sanchez, while Lazar Markovic, Divock Origi and Dejan Lovren could also follow.

WATCH: Liverpool reacts to Suarez ban

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But Catalan newspaper Sport believes Barcelona star Sanchez, who has starred throughout the World Cup, has already rejected the Reds and would prefer a move to Arsenal.

It is claimed Sanchez first priority would be to stay with the Catalan club, but any move to the Premier League would see him choose the Gunners.

Sanchez has supposedly told Liverpool that he's not interested in a move to Anfield.

And Dirk Kuyt could be on his way back to the Premier League - to sign for Manchester United.

The former LFC star, who has been playing for Fenerbahce since leaving Anfield in 2012, is wanted by new United boss Louis van Gaal, according to the Daily Mail.

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