Luis Suarez had to sit out Liverpool's opener on Saturday because of a prior suspension.
Andrew Powell/Liverpool FC via Getty Images

LONDON (AP) -- Arsenal manager Arsene Wenger has ruled out making an improved bid for Liverpool striker Luis Suarez in the remaining 12 days of the transfer window.

Asked if his chase of Suarez was over, Wenger says "yes. Absolutely no chance of that.''

Arsenal has seen two offers for Suarez, the second in excess of 40 million pounds ($62 million), rejected by Liverpool.

Arsenal has been criticized by its fans for signing only one player - young French striker Yaya Sanogo - in the offseason despite having increased cash resources this year.

After beating Fenerbahce 3-0 on Wednesday in the first leg of the Champions League playoffs, Wenger says "the transfer market starts for me now and a lot of activity will happen between now and 2 September.''

Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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