Liverpool have rejected Arsenal’s improved offer of just over 40 million for striker Luis Suarez, according to the BBC.

Earlier today, we reported that Gunner’s manager Arsene Wenger was preparing a fresh bid for the unsettled Uruguayan ace after having a 30 million offer knocked back on July 8.

The latest bid is an unusual one in that it is being reported to have stood at 40,000,001, which was designed to trigger a release clause in the 26-year-old’s Anfield contract.

However, it was rejected outright by the Merseysiders, who are technically duty-bound by the clause to listen to offers exceeding 40 million.

But they do not have to sell and have now twice rejected Arsenal’s advances for the ex-Ajax forward.

Wenger has identified Suarez as his No.1 transfer target this summer, and believe the player is keen on a move to the Emirates as they can offer Champions League football next season.

But Reds boss Brendan Rodgers is determined not to sell, and is also bracing himself for a bid from Real Madrid – though the Spanish giants only value the South American at 25 million.

Suarez joined Liverpool’s pre-season tour of Australia at the weekend after being given extended time off following his exertions in the Confederations Cup.

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