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Arsenal will make THIRD bid to sign Liverpool star Luis Suarez.

The Gunners are ready to test the Anfield giants' resolve by offering £42.5million for the Uruguayan striker.

The Merseysiders have already turned down a bid of £40m - plus £1 - from Arsenal, who believed the extra quid was enough to trigger a release clause in Suarez’s contract.

Arsenal manager Arsene Wenger is still hopeful that he will eventually land his man in time to parade him at The Emirates Cup next weekend.

Suarez has made it clear he wants to go, and Liverpool boss Brendan Rodgers is realistic enough to know that it is counter-productive to hang on to a player whose heart is not at the club.

Wenger has also got his eye on another Mersey target – Everton star Marouane Fellaini.

The Belgian would give Arsenal a real midfield presence, but it would need an offer of £23m to seal the deal.

Fellaini is also being tracked by Manchester United.