Liverpool are adamant that they will reject any offer and, with only three days until the start of the Premier League season, Arsenal have still failed to spend any of a transfer budget that amounts to £70 million. They have already failed with club record bids for Lars Bender, Gonzalo Higuaín and Suárez - and are facing the prospect of further disappointment over an attempt to sign Bayern Munich midfielder Luiz Gustavo. Arsenal had thought they were close to a deal but, according to German newspaper Die Welt, Gustavo, 26, has opted to remain in the Bundesliga and move to Wolfsburg.