Liverpool's No.7 currently tops the leading marksmen table with 29 goals in all competitions, 22 of which have come in the league putting him ahead of Robin van Persie in the race for the Golden Boot.
Ex-Red Redknapp is no doubt about who he believes is most deserving of the end-of-season accolades.
He wrote in his Daily Mail column: "I don't think the vote should be in any question. He IS the Footballer of the Year.
"This award is for the player of the season, not for a player of the last two months. That should rule out Gareth Bale, who has been sensational, but only since Spurs drew at Norwich on January 30.
"It is a run of 10 goals in 10 games and he has carried his team into the top three, but is that enough?
"Robin van Persie has scored only once in the last nine games (it was nine in the previous nine before then) after an explosive start to his time at Manchester United.
"Suarez has been Liverpool's Mr Incredible: consistently brilliant, with 29 goals in 39 games.
"He is playing with a team still developing and has dragged them through the season.
"Can you imagine where Liverpool might be without his goals and his explosive performances?"
Suarez found the net in Sunday's 3-2 victory over Tottenham Hotspur with a first-time finish that deceived Hugo Llloris.
However, it's not just his goalscoring that has impressed Redknapp.
He added: "The improvisation for his goal against Tottenham was typical of the man, catching Hugo Lloris by surprise by taking his shot early, but what I like most about him as how he makes things happen.
"Some strikers wait for chances, they wait for the killer ball, but Suarez goes hunting for the ball.
"When Liverpool were trailing 2-1 to Spurs, he was taking the throw-ins and trying to get them going.
"When he gets the ball at his feet, he runs at defenders and uses the rebound skill where he bundles the ball past them, like he is playing football in the street, That's not luck, it is what he does.
"If he doesn't win the players award, then surely he must win the journalists' vote. If we are recognising brilliance, he has to win one of the awards, doesn't he?"