Liverpool and Barcelona are reportedly holding talks in London today about the possible transfer of Luis Suarez.

The Uruguayan international is believed to have already agreed personal terms with Barca, but the two clubs have yet to strike a deal over the transfer fee.

Liverpool are hoping to secure the services of Alexis Sanchez as part of the deal, but the Chile international is also a target for several other clubs with Barca President Josep Bartomeu revealing that they have received several offers for the player.

For more on that story, we were joined by our European football correspondent Graham Hunter who updated us on the situation which also affects Alexis Sanchez who is expected to move to the Premier League.

"Both parties have a broad understanding in terms of what they want to get out of this. [The talks] will continue. It's my understanding at this stage, that despite the fact that Arsenal have made a firm offer for Alexis Sanchez and despite the widespread impression that Alexis has Arsenal as a preferred destination, he has to leave the Camp Nou. Liverpool are still asking for Alexis Sanchez and as such, if that were to fall away, then the negotiations will have to refocus on how much money Barcelona can come up with and whether Liverpool find that acceptable."    

Graham also suggested that Juventus are also interested in Sanchez and that Alvaro Negredo wants to leave Manchester City in order to go to Atletico Madrid, which could lead to Manuel Pellegrini taking an interest in his countryman.

While Arsene Wenger apparently sees Sanchez as a striker, Graham agrees that the Chilean is capable of fulfilling that role.