The star forward will serve an eight-game ban and pay a £40,000 ($62,688) fine as punishment for racially abusing Manchester United defender Patrice Evra when the two teams met on Oct. 15.
The ban will start immediately, and Suarez will miss Tuesday's game against Manchester City. It will last through LFC's game against Tottenham on Feb. 6. If Liverpool defeats Oldham in the FA Cup on Saturday, he would be eligible to play on Feb. 6.
Liverpool released a statement following its decision not to appeal. It appears here in full:
It is our strongly held conviction that the Football Association and the panel it selected constructed a highly subjective case against Luis Suarez based on an accusation that was ultimately unsubstantiated.
The FA and the panel chose to consistently and methodically accept and embrace arguments leading to a set of conclusions that found Mr. Suarez to "probably" be guilty while in the same manner deciding to completely dismiss the testimony that countered their overall suppositions.
Mr. Evra was deemed to be credible in spite of admitting that he himself used insulting and threatening words towards Luis and that his initial charge as to the word used was somehow a mistake.
The facts in this case were that an accusation was made, a rebuttal was given and there was video of the match. The remaining facts came from testimony of people who did not corroborate any accusation made by Mr. Evra.
In its determination to prove its conclusions to the public through a clearly subjective 115-page document, the FA panel has damaged the reputation of one the Premier League's best players, deciding he should be punished and banned for perhaps a quarter of a season. This case has also provided a template in which a club's rival can bring about a significant ban for a top player without anything beyond an accusation.
Nevertheless, there are ultimately larger issues than whether or not Luis Suarez has been treated fairly by the Football Association in this matter. There are important points we want to make today that overshadow what has occurred during the past two months.
The issue of race in sports, as in other industries, has a very poor history. Far too often, and in far too many countries, the issues of racism and discrimination have been covered over or ignored.
In America, where Liverpool ownership resides, there was a shameful bigotry that prevented black athletes from competing at the highest levels for decades.
English football has led the world in welcoming all nationalities and creeds into its Premier League and its leagues below, and Liverpool Football Club itself has been a leader in taking a progressive stance on issues of race and inclusion. The Luis Suarez case has to end so that the Premier League, the Football Association and the Club can continue the progress that has been made and will continue to be made and not risk a perception, at least by some, that would diminish our commitment on these issues.
Liverpool Football Club have supported Luis Suarez because we fundamentally do not believe that Luis on that day — or frankly any other — did or would engage in a racist act. Notably, his actions on and off the pitch with his teammates and in the community have demonstrated his belief that all athletes can play together and that the color of a person's skin is irrelevant.
Continuing a fight for justice in this particular case beyond today would only obscure the fact that the Club wholeheartedly supports the efforts of the Football Association, the Football League and the Premier League to put an end to any form of racism in English football.
It is time to put the Luis Suarez matter to rest and for all of us, going forward, to work together to stamp out racism in every form both inside and outside the sport.
It is for this reason that we will not appeal the eight-game suspension of Luis Suarez.
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