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
News
Susan Sarandon described David Bowie as
peopleSusan Sarandon reveals more on her David Bowie romance
Sport
sportDidier Drogba returns to Chelsea on one-year deal
Arts and Entertainment
The Secret Cinema performance of Back to the Future has been cancelled again
film
News
people
PROMOTED VIDEO
Have you tried new the Independent Digital Edition apps?
Arts and Entertainment
Christian Grey cradles Ana in the Fifty Shades of Grey film
filmFifty Shades of Grey trailer provokes moral outrage in US
Sport
Louis van Gaal would have been impressed with Darren Fletcher’s performance against LA Galaxy during Manchester United’s 7-0 victory
football
Voices
The new dawn heralded by George Osborne has yet to rise
voicesJames Moore: As the Tories rub their hands together, the average voter will be asking why they're not getting a piece of the action
Sport
Dejan Lovren celebrates scoring for Southampton although the goal was later credited to Adam Lallana
sport
News
newsComedy club forced to apologise as maggots eating a dead pigeon fall out of air-conditioning
Arts and Entertainment
Jo Brand says she's mellowed a lot
tvJo Brand says shows encourage people to laugh at the vulnerable
Life and Style
People may feel that they're procrastinating by watching TV in the evening
life
Sport
Rhys Williams
commonwealth games
News
Isis fighters travel in a vehicle as they take part in a military parade along the streets of Syria's northern Raqqa province
i100
Arts and Entertainment
Southern charm: Nicolas Cage and Tye Sheridan in ‘Joe’
filmReview: Actor delivers astonishing performance in low budget drama
Life and Style
fashionLatex dresses hit the catwalk to raise awareness for HIV and Aids
Travel
travel
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

Finding the names for America’s shame: What happens to the immigrants crossing the US-Mexico border without documents who never make it past the Arizona desert?

Finding the names for America’s shame

The immigrants crossing the US-Mexico border without documents who never make it past the Arizona desert
Backhanders, bribery and abuses of power have soared in China as economy surges

Bribery and abuses of power soar in China

The bribery is fuelled by the surge in China's economy but the rules of corruption are subtle and unspoken, finds Evan Osnos, as he learns the dark arts from a master
Commonwealth Games 2014: Highland terriers stole the show at the opening ceremony

Highland terriers steal the show at opening ceremony

Gillian Orr explores why a dog loved by film stars and presidents is finally having its day
German art world rocked as artists use renowned fat sculpture to distil schnapps

Brewing the fat from artwork angers widow of sculptor

Part of Joseph Beuys' 1982 sculpture 'Fettecke' used to distil schnapps
BBC's The Secret History of Our Streets reveals a fascinating window into Britain's past

BBC takes viewers back down memory lane

The Secret History of Our Streets, which returns with three films looking at Scottish streets, is the inverse of Benefits Street - delivering warmth instead of cynicism
Joe, film review: Nicolas Cage delivers an astonishing performance in low budget drama

Nicolas Cage shines in low-budget drama Joe

Cage plays an ex-con in David Gordon Green's independent drama, which has been adapted from a novel by Larry Brown
How to make your own gourmet ice lollies, granitas, slushy cocktails and frozen yoghurt

Make your own ice lollies and frozen yoghurt

Think outside the cool box for this summer's tempting frozen treats
Ford Fiesta is UK's most popular car of all-time, with sales topping 4.1 million since 1976

Fiesta is UK's most popular car of all-time

Sales have topped 4.1 million since 1976. To celebrate this milestone, four Independent writers recall their Fiestas with pride
10 best reed diffusers

Heaven scent: 10 best reed diffusers

Keep your rooms smelling summery and fresh with one of these subtle but distinctive home fragrances that’ll last you months
Commonwealth Games 2014: Female boxers set to compete for first time

Female boxers set to compete at Commonwealth Games for first time

There’s no favourites and with no headguards anything could happen
Five things we’ve learned so far about Manchester United under Louis van Gaal

Five things we’ve learned so far about United under Van Gaal

It’s impossible to avoid the impression that the Dutch manager is playing to the gallery a little
Screwing your way to the top? Good for Lana Del Rey for helping kill that myth

Screwing your way to the top?

Good for Lana Del Rey for helping kill that myth, says Grace Dent
Will the young Britons fighting in Syria be allowed to return home and resume their lives?

Will Britons fighting in Syria be able to resume their lives?

Tony Blair's Terrorism Act 2006 has made it an offence to take part in military action abroad with a "political, ideological, religious or racial motive"
Beyoncé poses as Rosie the Riveter, the wartime poster girl who became a feminist pin-up

Beyoncé poses as Rosie the Riveter

The wartime poster girl became the ultimate American symbol of female empowerment
The quest to find the perfect pair of earphones: Are custom, 3D printed earbuds the solution?

The quest to find the perfect pair of earphones

Earphones don't fit properly, offer mediocre audio quality and can even be painful. So the quest to design the perfect pair is music to Seth Stevenson's ears