Unlike their European counterparts, top Premier League clubs rarely engage in transfer business with one another.

But Arsenal dared to dream in 2013 after offering Liverpool £ 40m + 1 to initiate talks with a wantaway Luis Suárez.

What happened next would go down as one of English football’s most dramatic summer sagas.

Liverpool had endured another disappointing season after finishing seventh in the Premier League, and the whispers coming away from Anfield was that Suárez – their top scorer – wanted out.

Arsenal caught wind of these whispers and after securing another fourth place trophy were keen to make a transfer statement.

So why not kill two birds with one stone and go for the second highest scorer from 2012/13 – while also weakening (and embarrassing) one of your rivals?

And so the £ 40m + 1 bid was submitted. But before you chuckle, let us explain the reasoning behind it.

Former Arsenal transfer negotiator Dick Law stated in 2019, that: “We got information that showed us an agreement between Liverpool and the player.

“So, our final offer was never going to be a bid of £ 40m + 1, it was always meant to be the start of a negotiation.”

Liverpool owner John W Henry, however, was not amused and famously responded with the line: “What do you think they’re smoking over there at Emirates?”

But despite the ridicule and frustration coming from Anfield, Suárez didn’t just stand by his wishes – but amplified them.

After two weeks of silence following the initial bid, the Uruguay international sat down with the Guardian and revealed all.

I’m not going to another club to hurt Liverpool. Luis Suárez

“I don’t feel betrayed [by Liverpool] but the club promised me something a year ago – just as I promised them that I would stay and try everything to get us back into the Champions League.

“They gave me their word a year ago and now I want them to honor that. And it is not just something verbal with the coach but something that is written in the contract. ”

This was the mother of all Mexican standoffs. Arsenal quiet yet confident, Liverpool brash and resistant, Suárez clear in his wishes.

But despite both parties insisting there was cause for negotiation – the Gunners even threatened to take Liverpool to court – momentum fizzled out and the move collapsed.

Three whirlwind weeks gone in a flash, allowing Arsenal to pull off a stunning deadline day move for Mesut Özil, while Suárez agreed fresh terms three months later.

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Both sides came out with something despite being battered and bruised.

And despite a monumental title collapse which still scars Liverpool fans to this day, Suarez enjoyed one of the most brilliant individual seasons in Premier League history – scoring 31 goals and assisting 17.

And off he went to Barcelona. How different things could have been.