Arsenal are reportedly prepared to break the British transfer record to ensure they complete the signing of Uruguay international Luis Suarez from Liverpool before next month's deadline.
The Gunners have already failed in two bids to recruit Liverpool's controversial top scorer from last season but, according to the Daily Star, are set to offer a record-breaking £51 million in the hope of completing a deal.
Should Arsenal prove successful with their third offer for Suarez, it would set a new benchmark in British transfer history by surpassing the £50 million Chelsea paid to sign Fernando Torres from Liverpool in January 2011.
An offer of this size from Arsenal could negate the need for Suarez to launch legal action against Liverpool, with £51 million significantly closer to Liverpool's value of the player than any previous offers.
Although Liverpool have always maintained the player is not for sale, they are reported to have claimed only offers in excess of the amount secured following the departure of Torres would be considered.
Arsenal's most recent offer for Suarez of £40,000,001 opened a can of worms at Anfield, with both the Gunners and the player believing it was enough to trigger a release clause written into his Liverpool contract.
Liverpool, however, interpreted the stipulation differently, suggesting a bid in excess of £40 million only required them to inform the player rather trigger negotiations with the interested party.
Suarez has since spoken publicly to claim Liverpool have broken a promise by not allowing him to leave this summer, and the 26-year-old's comments have resulted in his expulsion from training with the first team.