This is a possibility (probability) a lot of people seem to be overlooking. Once Arsenal has done the legwork and opened up the deal there's nothing to say another club won't sweep in and finish things off. I hope they at least say thanks. CL footie and £40,000,001.01 should do the trick because we won't go higher. Wouldn't surprise me if our extra pound is payable in instalments. This deal hasn't started yet but some are looking on it as done. Could end up being the dirtiest transfer to date. Could get even dirtier as both clubs may find themselves fighting for a striker if Suarez pisses off elsewhere.
I also have these horrible visions of you getting one over on us and displaying your total lack of class by selling us Downing, but that's worst case scenario.