Arsenal could still allow midfielder Aaron Ramsey to join Juventus this month, but only if they are able to bring in two replacements.
Ramsey is reported to have already signed a pre-contract agreement with the Italian champions which would see him move to Turin on a free transfer when his current deal expires at the end of the season.
Juventus are keen to bring his arrival forward to secure his signature this month, although they have been put off by Arsenal's £20m asking price for the Wales international.
Gunners boss Unai Emery has already admitted that the club can only afford loan signings in January, but both Suarez and Rodriguez have been linked with temporary moves to the Emirates Stadium, with options to buy at the end of the campaign.
Should they agree deals then the sale of Ramsey could be enough to cover their loan fees, enabling Juventus to push through a transfer before the January 31 deadline.
Ramsey has been with Arsenal since 2008 and has gone on to make more than 350 appearances for the club across all competitions.