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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
1Liverpool16123137162139
2Chelsea17105237191835
3Arsenal1796234161833
4Nottingham ForestNott'm Forest179442319431
5Bournemouth178452721628
6Aston Villa178452626028
7Manchester CityMan City178362925427
8Newcastle UnitedNewcastle177552721626
9Fulham176742422225
10Brighton & Hove AlbionBrighton176742726125
11Tottenham HotspurSpurs1772839251423
12Brentford177283232023
13Manchester UnitedMan Utd176472122-122
14West Ham UnitedWest Ham175572230-820
15Everton163761421-716
16Crystal Palace173771826-816
17Leicester CityLeicester173592137-1614
18Wolverhampton WanderersWolves1733112740-1312
19Ipswich TownIpswich172691632-1612
20Southampton1713131136-256
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