Controversial Liverpool striker Luis Suarez is considering submitting a formal transfer request, reports the BBC.
Suarez is believed to be under the impression that Arsenal triggered a clause in his contract with this last offer of £40million plus £1, which would force Liverpool to accept the bid, a loophole denied by officials at the Merseyside club.
When Suarez signed a new contract in August 2012, he was under the impression that an offer of over £40 million amounted to a release clause should Liverpool fail to qualify for the Champions league.
Rumours are circulating that the striker is considering going to the Court of Arbitration for Sport, an action he has taken before when his old club Groningen turned down an offer for the Uruguayan from Ajax in 2007.
But Liverpool are confident that they have not done anything illegal, although Suarez' argument is believed to be based on a verbal agreement, which Liverpool failed to honour.
Arsenal are believed to be in prime position to sign Suarez, who has ambitions to play in the Champions league, a competiton Liverpool havent qualified for since 2009.
And the striker has made his desire to leave the Merseyside club fairly clear in recent months since he was given a ten game ban for biting Chelsea defender Branislav Ivanovic in April.
He has constantly been surrounded by controversy since his move to Liverpool in 2010, and was handed an eight match ban after racially abusing Manchester United defender Patrice Evra in January 2011.
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