The Former Reds star was lined up by the Gunners before the begin of last season.
They made a £40m offer – in addition to a quid – keeping in mind the end goal to initiate a discharge proviso in his Liverpool contract.
Anyway Suarez selected to stay at Anfield in the wake of holding crunch converses with commander Gerrard
“We spoke about this when I went to Melwood to pick up my things at the end of the summer and he said: ‘You did the right thing, you waited until the best moment.’
“He had told me to play well for Liverpool, give it another year and it will be Bayern Munich, Real Madrid or Barcelona coming for you and then you can go where you want, because you have the quality to play at any of those three clubs.”
Suarez hit 31 Premier League goals last season before a £75m move to Barcelona in the summer.
The Uruguay hitman, 27, is still a favourite at Anfield and made the move with Gerrard’s blessing.
The Anfield skipper said: “His [Suarez’s] wife is from Barcelona and I don’t think you can begrudge a player like that, who has worked so hard for his dream.
“You can’t go against him when he says he is leaving for Barcelona. His dream from the first day he came was to play for Real Madrid or Barcelona.
“Last summer when he was out in the cold and training on his own that’s the conversation I had with him. I said: ‘Don’t go to Arsenal’.
“I would have been really sad and disappointed to see Luis go to Arsenal. With all due respect to them, I said to him that he was too good for Arsenal.”
