Cast your mind back to the 7th June 2013. Arsenal Chief Executive Ivan Gazidis sat at a Gunners press conference and promised the Emirates faithful that there would be a £70 million war chest to invest in top quality signings and for a while Arsenal fans genuinely believed what Gazidis was saying.
The fans were starting to believe that perhaps this was the summer where Arsene Wenger would be able to splash the cash to lure in some of the world's elite footballers.
However the following two months consisted purely of name-dropping and rumours, all fiction but no facts.
Arsenal were reportedly agonisingly close to agreeing a deal to sign former Real Madrid striker Gonzalo Higuain only for the Spanish giants to up the asking price which resulted in the deal going cold and Higuain instead agreeing to join Italian side Napoli.
Manchester United striker Wayne Rooney was heavily linked with a switch to the Gunners in early July according with the Mirror even reporting that the Gunners had seen a £30 million bid rejected by the Red Devils. Once again however the deal seemed to collapse leaving another big signing crossed off Wengers transfer wish list.
For the last couple of weeks Arsenal have been hot on the trail of controversial Liverpool goal machine Luis Suarez. The Gunners have seen two bids rejected by The Reds, one of which was a cheeky £40million plus £1 bid that was believed to trigger a release clause in Suarez’ contract. Liverpool insist such a thing does not exist.
However BBC Sport has reported that Suarez has asked to leave the Anfield outfit to join a Champions League side and may request a transfer later on this week.
However Arsenal may yet not reach The Champions League as they face a qualifying round before they can enter the group stages which Suarez so desperately wants to be involved in.
The Uruguayan is banned for the first six games of the season for biting Chelsea defender Branislav Ivanovic however current Arsenal striker Olivier Giroud has been in fine form during pre-season for the Gunners and would be an excellent back up for Luis Suarez should he complete a move to The Emirates.
Unfortunately for Arsenal fans they may have to face the prospect of seeing yet another world class player slip through their fingers. The Gunners transfer business seems to drag on into a saga and many fans just want to see the deals being done.
Keep your eyes on this rollercoaster transfer saga between Liverpool and Arsenal as they fight for Luis Suarez.
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