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Arsenal to miss out on Newcastle's Cabaye as PSG step in?

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Paris Saint-Germain are ready to bid £17m for Newcastle United midfielder and Arsenal target Yohan Cabaye, according to reports.

Arsenal are close to losing out on another transfer target, as Newcastle United midfielder Yohan Cabaye is being lined up for a move to French champions Paris Saint-Germain, according to reports.

Arsene Wenger previously rattled Magpies boss Alan Pardew with an "unacceptable" bid for the France international on the eve of Newcastle's Premier League opener against Manchester City.

Pardew revealed on Thursday that an improved offer was yet to be submitted, and the Metro now reports that PSG are willing to stump up £17m to tempt Mike Ashley to part with the 27-year-old.

Arsenal's sole summer signing so far has been the arrival of Yaya Sanogo on a free transfer from Auxerre.

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Newcastle midfielder Yohan Cabaye in action against Braga on August 10, 2013
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Tables header RHS
TeamPWDLFAGDPTS
1Liverpool29217169274270
2Arsenal281510352242855
3Nottingham ForestNott'm Forest28156745331251
4Chelsea28147753361749
5Manchester CityMan City28145953381547
6Newcastle UnitedNewcastle2814594738947
7Brighton & Hove AlbionBrighton28121064640646
8Aston Villa2912984145-445
9Bournemouth28128847341344
10Fulham2811984138342
11Crystal Palace2810993633339
12Brentford28115124844438
13Tottenham HotspurSpurs281041455411434
14Manchester UnitedMan Utd2897123440-634
15Everton2871293135-433
16West Ham UnitedWest Ham2896133248-1633
17Wolverhampton WanderersWolves2865173857-1923
18Ipswich TownIpswich2838172658-3217
19Leicester CityLeicester2845192562-3717
20Southampton2823232068-489
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