Luis Suarez will submit an official transfer request in a bid to force through a move to Arsenal - though Liverpool have no intention of selling their most prized asset until his £50 million-plus valuation is met.
Arsenal lodged a bid worth a reported £40 million plus £1 earlier in the week, with the north London club triggering a clause in Suarez's contract allowing him to hold talks with Arsene Wenger's side.
Despite being granted permission to open contract negotiations with Suarez and his representatives, Liverpool insist they have no intention of selling the Uruguayan international for anything less than £50 million-plus.
Liverpool have rejected two offers from Arsenal for Suarez, who are keen to boost their front line after failing in their pursuit of Real Madrid front man, Gonzalo Higuain, who looks set to join Napoli.
Speaking in the wake of Liverpool's 2-0 pre-season win over Melbourne Victory, boss Brendan Rodgers was adamant that Suarez remains a part of his long-term plans.
He told reporters: "There's nothing new to report, he [Suarez] is very much a Liverpool player and over the course of the next couple of weeks we've got to get him up to speed."
Rodgers also took time out to remind the controversial striker that the club and its fans have stood by Suarez during a turbulent couple of years.
"The support he has received from the supporters and the people of the city of Liverpool has been unrivalled," Rodgers added.
"In this period of time he's missed a lot of games for the club through various reasons. The people have stood by him like a son and really looked after him.
"Whatever happens in the coming weeks that will be in his mind because it's something you can never forget."
While Liverpool insist they want to keep Suarez at Anfield, the resolve of club owner John Henry is likely to be tested should Arsenal continue to increase their bid.