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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
1Liverpool19144147192846
2Arsenal20117239182140
3Nottingham ForestNott'm Forest20124429191040
4Chelsea20106439241536
5Newcastle UnitedNewcastle20105534221235
6Manchester CityMan City2010463627934
7Bournemouth209653023733
8Aston Villa209563032-232
9Fulham207943027330
10Brighton & Hove AlbionBrighton2061043029128
11Brentford208393835327
12Tottenham HotspurSpurs20731042301224
13Manchester UnitedMan Utd206592328-523
14West Ham UnitedWest Ham206592439-1523
15Crystal Palace204972128-721
16Everton193881525-1017
17Wolverhampton WanderersWolves2044123145-1416
18Ipswich TownIpswich2037102035-1516
19Leicester CityLeicester2035122344-2114
20Southampton2013161244-326
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