The Gunners put forth a cheeky £40,000,001 bid believing it would trigger a clause in Suarez's contract, but it was immediately rebuffed by Anfield officials, and the Uruguayan ended up staying for another season before leaving for Barcelona.
Now, the 34-year-old has revealed why he wanted to move to Emirates Stadium. "I think I'd been at Liverpool for a year and a half when Brendan [Rodgers] took charge in July 2012," he told UEFA.com.
"Back then, I had opportunities to sign for other clubs who were getting in contact with me, but he phoned me when I was in Uruguay on holiday, to tell me that he had another way of thinking, that he wanted to change the club and its philosophy, that he wanted the club to get back in the Champions League and fight to win big trophies, that he was going to make the team play great football.
"He asked me to believe and trust him. I enjoyed that chat. I liked his conviction, the philosophy he wanted to implement at the club, so I talked to my agent and the club to say that I didn't want to leave, that I wanted another opportunity to be successful at Liverpool.
"That year wasn't as good as we wanted, but ideas were already pretty clear. So then the 2012-13 season goes by, and I wanted to sign for Arsenal, since Arsenal had played in the Champions League every season prior to that."