A Football Association disciplinary hearing found him guilty of racism for abusing Manchester United's Patrice Evra during an English Premier League match.
Liverpool striker Luis Suarez was banned for eight games after a Football Association (FA) disciplinary hearing found him guilty of racism for abusing Manchester United's Patrice Evra during an English Premier League match on October 15.
The Uruguayan forward was also fined 40,000 pounds by the FA Tuesday over the incident.
Liverpool and Suarez have 14 days to decide whether to appeal against the ban, Xinhua reported.
In a statement, the FA said: "An Independent Regulatory Commission has today found a charge of misconduct against Luis Suarez proven, and have issued a suspension for a period of eight matches as well as fining him 40,000 pounds, pending appeal."
"I was very upset," Evra said. "In 2011 you can't say things like this. He knows what he said, the ref knows it, it will come out.
"I won't repeat what he said, but it was a racist word, and he said it more than ten times. He tried to wind me up. I won't make a huge deal out of it, but it is very upsetting and disappointing."
The commission's ruling stated: "Mr Suarez used insulting words towards Mr Evra during the match contrary to FA Rule E3(1);
"The insulting words used by Mr Suarez included a reference to Mr Evra's colour within the meaning of Rule E3(2);
"Mr Suarez shall be warned as to his future conduct, be suspended for eight matches covering all first team competitive matches.
"The (penalty) is suspended pending the outcome of any appeal lodged by Mr Suarez against this decision."
Suarez always denied the charge and Liverpool were firm in support of their player, with manager Kenny Dalglish saying last week: "We are standing right beside him and helping him as much as we possibly can."
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