Liverpool owner John W Henry has told Arsenal to give up in their pursuit of Luis Suarez.
The Gunners have lodged a bid of £40million plus £1 for the striker, an amount that the Uruguayan believed would trigger a buy-out clause if it came from a club in the Champions League.
But Liverpool have refuted that claim, with Henry saying he has told Arsenal chief executive Ivan Gazidis that he will not allow Suarez to go to the Emirates for any price.
The American billionaire has also expressed his dismay that Arsenal had gathered details about Suarez's contract and he insists they should not have been talking to the former Ajax man.
When asked whether Arsenal should stop their pursuit of the player, Henry told Norwegian newspaper Dagbladet: "They don't have permission to do all this, so the answer would be yes."
Suarez has threatened to hand in a transfer request and even mooted the possibility of taking the Reds to a Premier League tribunal if he does not get his desired move away from Anfield.
But speaking on Thursday night, Henry was insistent that his star man would stay and expressed his anger that any potential clauses within his contract had found their way into the Arsenal boardroom.
"It should have been confidential, so absolutely it concerns me," said Henry. "How does a club that doesn't have permission to speak with your player see his contract?
"Unfortunately, it's the way it works in football. People don't speak about it publicly but that's the way it's run. It's how things are done. I don't think there's a point reporting Arsenal because it just seems to happen everywhere, throughout football."
Suarez is currently training separately from the rest of the squad and manager Brendan Rodgers said: "Obviously Luis is training on his own at the moment and he understands totally where we're coming from.
"We're in no great rush, to be honest. I needed to make a decision in terms of the well-being of the group. The training through pre-season has been absolutely magnificent. The mentality of the players. I just couldn't afford to break that.
"But when the time comes, we'll come in and speak and once he's ready to train how he's always done we'll put him back in the group.
"It's been a difficult period for him but it's my job to protect the group and the football club. Once he's back in line with the spirit that everyone knows of him, and the commitment, then he'll rejoin the group.
"It's obviously been a difficult few days for him but he knows where we stand as a football club.
"The ownership have been brilliant. They've been quite adamant and clear and have supported our intention of wanting to keep him.
"We don't feel like we're fighting a losing battle. He's a contracted player for Liverpool and I'm fairly confident he'll remain that."
Aside from the contract issue, another area of football governance of concern to Henry is the Financial Fair Play (FFP) regulations formulated by UEFA in recent years.
FFP has been designed to bring clubs' spending more in line with their incomes but with Paris St Germain, Monaco, Chelsea and Manchester City still spending lavishly with the help of wealthy benefactors, the Boston Red Sox owner does not believe the regulations are working.
"I've talked a lot about Financial Fair Flay, especially in England and Europe," he continued.
"I knew well about the financial problems football has when I took over Liverpool.
"It does not look like FFP works. I am very unhappy that they have not taken seriously the rules, and it's also frustrating that UEFA have not done so. They need to address the problem. It should have worked better."