The Reds were on the scoresheet first through James Milner’s 61st-minute opener, but Alexandre Lacazette pegged them back 21 minutes later, much to the relief of the Emirates.
The result means Jurgen Klopp’s men have gone unbeaten in their opening 11 Premier League matches for the first time since the 2007-08 season.
Remarkably, Arsenal have taken more points from losing positions than any other side in the competition this term.
With that in mind, it’s little wonder Jurgen Klopp appeared somewhat satisfied to draw against an opponent that’s failed to win only four times under Unai Emery.
"It was very intense, Arsenal are in a very good moment," the Liverpool boss said, per the BBC.
"A point at Arsenal will always be a good result, so we take that and move on.”
There was something of a distraction going on in the build-up to Saturday’s clash, though.
'SUPER LEAGUE' PROPOSAL
German publication Der Spiegel, via BBC Sport, reported a collection of leaked documents revealed a host of top European clubs, including Liverpool, planned to form a ‘Super League' in 2021.
The newspaper claims 16 teams - 11 ‘founders’ along with five ‘initial guests’ - went behind the backs of their respective football associations and domestic opponents in an effort to create the elite competition.
WHO'S PART OF IT?
AC Milan, Barcelona, Bayern Munich, Juventus, Paris Saint-Germain and Real Madrid have been named as the six non-Premier League sides behind the initiative.
Along with Liverpool, Arsenal, Chelsea, Manchester United and Manchester City are thought to be the English representatives involved.
What does Klopp think of such a proposal? Well, when asked for his take after the Arsenal game, his response was fairly typical.
"It sounds really nice because it sounds like much less games and much more money," he joked, per Goal.
"I am completely fine with how the league football is at the moment. At least, it's an idea [the 'Super League'] that we don't do immediately.”
Klopp also pointed the finger at football’s governing bodies for neglecting to seek sufficient input from clubs for their own similar ideas.
"I'm not even sure if somebody spoke about it, to be honest. It looks like all the other wonderful ideas of FIFA and UEFA," he said.
"They do them immediately, they don't ask. And then you see, 'Oh, okay, we have 20 games more and not more money’."
It seems Klopp has a clear view of what the creation of a 'Super League' would do to football - and it’s nothing good.
What do you make of the idea? Let us know your thoughts by leaving a comment.