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

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.

Newcastle midfielder Yohan Cabaye in action against Braga on August 10, 2013
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TeamPWDLFAGDPTS
1Manchester CityMan City23202167175062
2Manchester UnitedMan Utd23155348163250
3Liverpool23138254282647
4Chelsea23145441162547
5Tottenham HotspurSpurs23135546212544
6Arsenal23116641301139
7Burnley239771920-134
8Leicester CityLeicester238783432231
9Everton2376102538-1327
10Watford2375113342-926
11West Ham UnitedWest Ham2367102941-1225
12Crystal Palace2367102133-1225
13Bournemouth2366112435-1124
14Huddersfield TownHuddersfield2366111939-2024
15Newcastle UnitedNewcastle2365122131-1023
16Brighton & Hove AlbionBrighton2358101729-1223
17Southampton2349102334-1121
18Stoke CityStoke2355132350-2720
19West Bromwich AlbionWest Brom23310101830-1219
20Swansea CitySwansea2345141435-2117
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