Arsene Wenger's side submitted a £42 million bid for the Uruguay forward on Monday as the striker prepares to hand in a formal transfer request in order to secure a move away

Former Liverpool striker Michael Owen believes that it would make more sense for Luis Suarez to join Barcelona or Real Madrid ahead of Arsenal this summer.

Goal exclusively revealed that the Uruguay international is preparing to hand in a formal transfer request in order to push through a move to Arsene Wenger's side who lodged a £42 million bid for the forward on Monday.

Despite a lack of Champions League football at Anfield Owen insists that Liverpool's stature is on a par with Arsenal and argues that the 26-year-old would be better suited to Spain's top two clubs.