St James’ Park side want to maximise revenue from potential sale of French international.
Newcastle United director of football Joe Kinnear has told Arsenal that it will take a bid of at least £20million to land midfielder Yohan Cabaye this summer according to the Mirror.
Arsene Wenger has already seen a £10m offer rejected by the St James’ Park club but the Gunners are expected to return with another approach as they step up their activity ahead of the transfer deadline on September 2.
Cabaye sat out the both of the Magpies’ matches after Pardew admitted that the midfielder has had his ‘head turned’ by interest from the Emirates Stadium and reports yesterday indicated that he was on strike in order to force a move away from the North East.
Newcastle boss Alan Pardew admits he wants to see quick resolution to the transfer saga involving the former Lille man and Kinnear has revealed that the north London club know what will persuade the St James’ Park club into selling the 27-year-old at this late stage.
Kinnear said: “We’ve told Arsenal our terms, the ball is in their court.”
It is understood that the French international wants to leave Tyneside club to join Wenger’s side although there has also been reported interest from Ligue 1 side PSG.
Kinnear has also insisted that he and Pardew have a strong working relationship and they are looking at where they can strengthen before the transfer deadline passes.
He added: “Alan Pardew has signed 16 players costing £60m in the last two years, Newcastle United’s wage bill is now comfortably in the top 10 in the country, and he will continue to get all the support the club can reasonably provide,”
“Before the season started, we had sat down and agreed the squad was big enough, and strong enough, to finish in the top half of the table. But we are working together – not plotting against each other.”