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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.

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Newcastle midfielder Yohan Cabaye in action against Braga on August 10, 2013
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2Manchester CityMan City127232217523
3Chelsea126422314922
4Arsenal126422112922
5Brighton & Hove AlbionBrighton126422116522
6Tottenham HotspurSpurs1261527131419
7Nottingham ForestNott'm Forest125431513219
8Aston Villa125431919019
9Fulham125341717018
10Newcastle UnitedNewcastle125341313018
11Brentford125252222017
12Manchester UnitedMan Utd124441313016
13Bournemouth124351617-115
14West Ham UnitedWest Ham124351519-415
15Everton122551017-711
16Leicester CityLeicester122461523-810
17Wolverhampton WanderersWolves122372028-89
18Ipswich TownIpswich121651323-109
19Crystal Palace121561017-78
20Southampton121110924-154


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