Liverpool have rejected Arsenal’s improved offer of just over £40m for Uruguayan striker Luis Suarez.
The unusual bid, understood to be £40,000,001, was designed to trigger a clause in the player’s contract, but Liverpool have turned it down.
Under the terms of Suarez’s deal, the club are duty bound to consider any offer for him in excess of £40m and then inform the 26-year-old of it.
But they do not have to sell and have now rejected two bids from Arsenal.
While Liverpool remain determined to keep their prized asset, who scored 30 goals for the club in 44 appearances last season, their resolve is likely to be tested if the bidding continues to rise.
Should Arsenal persist and have an improved bid accepted, it could come close to trebling their previous highest initial outlay on a transfer.The Gunners, whose first offer for Suarez was £30m, paid a reported £15m to Zenit St Petersburg for Andrey Arshavin, in January 2009.
Liverpool manager Brendan Rodgers last week said he considered Suarez to be at least as valuable asEdinson Cavani, who recently joined Paris St-Germain for £55m.
Real Madrid remain interested but have yet to make a formal offer.
Suarez joined Liverpool’s pre-season tour of Australia at the weekend and was expected to hold talks about his future with Rodgers.
The Uruguay international flew to Melbourne from Montevideo on Sunday after being given extended leave by the Reds following the Confederations Cup.
He wants to leave Anfield to play for a Champions League club despite only signing a new long-term deal last summer.
Speculation has grown about Suarez’s future since he was punished with a 10-game ban at the end of April for biting Chelsea’s Branislav Ivanovic.
The striker still has to serve six games of that suspension and was also banned in 2011 after being found guilty of racially abusing Manchester United’s Patrice Evra.
Suarez joined Liverpool from Ajax in January 2011 in a £22.7m deal.