Real Madrid are planning a January swoop for Liverpool striker Luis Suarez and will offer French striker Karim Benzema and £ 20 million in cash to bring the player to the Santiago Bernabeu, it has been revealed.

The Uruguayan international striker still wants a move away from Merseyside in spite of the impressive start that Liverpool have made to the Premier League campaign and clubs are circling over the player with reports suggesting Arsenal will also slap in a bid for the player in January after failing to land him in the summer.

But the Uruguayan still has his heart set on a move to the Spanish giants under Carlo Ancelotti, and the nine times European Cup winners believe a big name player along with a huge cash offer will tempt the English giants to part with their star striker.

Madrid value the Frenchman Karim Benzema at £ 20 million and the offer of another £ 20 million in cash makes the deal worth £ 40 million, which is reported to be the release clause for the player. Arsenal failed with a cheeky bid of £ 40 million and a quid for the player in the summer with the club blasting their Premier League rivals for disrespecting them and the player but Real think Liverpool will not have any qualms about selling their top scorer to a club in another country, provided they are adequately reimbursed for it.

However, the one potential stumbling block that Madrid might have in making the deal happen is convincing Karim Benzema to make the switch to Liverpool, who does not play in the UEFA Champions League. But they are also said to be readying a contingency plan of a full cash offer if the player does decide against moving to the fallen giants of English football.