Luis Suarez transfer news: Arsenal triggered release clause with £40m bid, but Liverpool ignored it reveals owner John W Henry

Henry reveals that the club refused to sell Suarez last summer with his belief that player contracts mean very little in this day and age

Arsenal did activate a release clause in Luis Suarez’s contract last summer when they made a £40m plus a pound offer for the Liverpool striker, but the Reds’ hierarchy rejected the bid because “contracts don’t seem to mean a lot”.

That is the view of Liverpool owner John W Henry, who has revealed that the club refused to allow the Uruguayan to leave the club and are now reaping the benefits, with the 26-year-old agreeing a new four-and-a-half year contract to remain at Anfield.

The Gunners thought they had activated a clause that would allow them to negotiate a move for Suarez, who was pushing for a move away from the club after they failed to secure European football at the end of last season.

 

And Henry confirmed his belief that they were in a position to reject the approach as “apparently these contacts don’t seem to hold”, despite the view that it was a breach of contract or as Suarez put it at the time the club had reneged on their word.

Speaking at the MIT Sloan Sports Analytics Conference over the weekend, Henry also said in a filmed panel discussion that Liverpool will qualify for the Champions League and have an outsiders chance of winning the Premier League this season.

“Luis Suarez is the top scorer in the English Premier League which is arguably the top soccer league in the world,” said Henry.

“And he had a buy-out clause - I don't know what degree I should go into this - but he had a buy-out clause of £40million - more than 60 million (US) dollars. So Arsenal, one of our prime rivals this year ... they offered £40million and one pound for him and triggered his buy-out clause.

“But what we've found over the years is that contracts don't seem to mean a lot in England - actually not in England, in world football. It doesn't matter how long a player's contract is, he can decide he's leaving.

“We sold Fernando Torres for £50million. We didn't want to sell but we were forced to.

“For the first time (with Suarez) we took the position that we weren't selling.

“Since apparently these contracts don't seem to hold, we took the position we're just not selling and it's been great for Luis, it's been great for us, and what will happen at the end of year ... I think we’re going to make Champions League and we have a small chance of winning the Premier League this year.

“We have three gentlemen up front: Suarez, (Raheem) Sterling and (Daniel) Sturridge. Those three are young, and I think Luis and those three could be together for a long time.”

Liverpool experienced their own release clause heartache in the January transfer window, when their pursuit of Dnipro Dnipropetrovsk winger Yevhen Konoplyanka looked to be edging towards a £15m transfer, only to fall at the last hurdle as confusion spread over an apparent release clause in his contract.

The Reds were also interested in Atletico Madrid striker Diego Costa last summer, when the Brazilian-born Spanish international had a £27m release clause of his own. Despite reports that the Premier League club activated that fee, Costa chose to remain with the La Liga title contenders and has since signed a new deal of his own, with an inflated release clause believed to be in the region of £32m.

Read More:
Southampton 0 Liverpool 3: Reds soar into title contention
Suggested Topics
Have you tried new the Independent Digital Edition apps?
Caption competition
Caption competition
Latest stories from i100
Have you tried new the Independent Digital Edition apps?

Bleacher Report

Daily Quiz
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

Day In a Page

Homeless Veterans campaign: Donations hit record-breaking £1m target after £300,000 gift from Lloyds Bank

Homeless Veterans campaign

Donations hit record-breaking £1m target after huge gift from Lloyds Bank
Flight MH370 a year on: Lost without a trace – but the search goes on

Lost without a trace

But, a year on, the search continues for Flight MH370
Germany's spymasters left red-faced after thieves break into brand new secret service HQ and steal taps

Germany's spy HQ springs a leak

Thieves break into new €1.5bn complex... to steal taps
International Women's Day 2015: Celebrating the whirlwind wit of Simone de Beauvoir

Whirlwind wit of Simone de Beauvoir

Simone de Beauvoir's seminal feminist polemic, 'The Second Sex', has been published in short-form for International Women's Day
Mark Zuckerberg’s hiring policy might suit him – but it wouldn’t work for me

Mark Zuckerberg’s hiring policy might suit him – but it wouldn’t work for me

Why would I want to employ someone I’d be happy to have as my boss, asks Simon Kelner
Confessions of a planespotter: With three Britons under arrest in the UAE, the perils have never been more apparent

Confessions of a planespotter

With three Britons under arrest in the UAE, the perils have never been more apparent. Sam Masters explains the appeal
Russia's gulag museum 'makes no mention' of Stalin's atrocities

Russia's gulag museum

Ministry of Culture-run site 'makes no mention' of Stalin's atrocities
The big fresh food con: Alarming truth behind the chocolate muffin that won't decay

The big fresh food con

Joanna Blythman reveals the alarming truth behind the chocolate muffin that won't decay
Virginia Ironside was my landlady: What is it like to live with an agony aunt on call 24/7?

Virginia Ironside was my landlady

Tim Willis reveals what it's like to live with an agony aunt on call 24/7
Paris Fashion Week 2015: The wit and wisdom of Manish Arora's exercise in high camp

Paris Fashion Week 2015

The wit and wisdom of Manish Arora's exercise in high camp
8 best workout DVDs

8 best workout DVDs

If your 'New Year new you' regime hasn’t lasted beyond February, why not try working out from home?
Paul Scholes column: I don't believe Jonny Evans was spitting at Papiss Cissé. It was a reflex. But what the Newcastle striker did next was horrible

Paul Scholes column

I don't believe Evans was spitting at Cissé. It was a reflex. But what the Newcastle striker did next was horrible
Miguel Layun interview: From the Azteca to Vicarage Road with a million followers

From the Azteca to Vicarage Road with a million followers

Miguel Layun is a star in Mexico where he was criticised for leaving to join Watford. But he says he sees the bigger picture
Frank Warren column: Amir Khan ready to meet winner of Floyd Mayweather v Manny Pacquiao

Khan ready to meet winner of Mayweather v Pacquiao

The Bolton fighter is unlikely to take on Kell Brook with two superstar opponents on the horizon, says Frank Warren
War with Isis: Iraq's government fights to win back Tikrit from militants - but then what?

Baghdad fights to win back Tikrit from Isis – but then what?

Patrick Cockburn reports from Kirkuk on a conflict which sectarianism has made intractable