Luis Suarez has no plans on giving up on a £40million transfer to Arsenal after claiming that Liverpool agreed to let him go.

Pere Guardiola, Suarez's agent, has told  the Anfield giants that his client is frustrated, wants to quit and feels let down over what he thought were promises to sell him if the Reds missed out on the coming season's Champions League.

Guardiola expressed Suarez's anger and claimed that Liverpool verbally agreed to negotiate if an offer of more than £35m came in and that while they would never sell to bitter rivals Manchester United, offers from big London clubs, Real Madrid or Bayern Munich would be entertained.

Suarez also said that Liverpool promised to tell him about any negotiations and now he feels let down because they've rejected an offer from Arsenal.

Arsenal are prepared to wait on Suarez, their No. 1 transfer target, even though Liverpool have insisted he will not be sold to a Premier League rival.

Liverpool manager Brendan Rodgers has insisted the 26-year-old has given up on the clause in his contract that was thought to oblige the Reds to sell if they received an offer in excess of £40m. Liverpool insist the clause is "water-tight" and only requires them to inform Suarez that a club have made an offer of that value.

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