Magpies determined to hold out in face of Arsenal interest.
Newcastle United are refusing to consider the possibility of selling midfielder Yohan Cabaye on the cheap and will hold out for at least £20 million according to The Daily Telegraph.
The French international has been highly impressive for Newcastle over the last couple of seasons and has attracted interest from the likes of PSG and Manchester United.
But it appears that Arsenal have taken the lead in the race for Cabaye’s signature after they had a bid turned down for the player on Monday night.
Magpies boss Alan Pardew is said to have been furious that Arsenal made the bid as Cabaye was on the verge of his first game of the season.
Pardew subsequently dropped Cabaye but claimed that the £10 million offer was derisory.
Newcastle owner Mike Ashley informed Arsenal chiefs that Cabaye would cost at least £20 million but it is not clear if the Gunners will make an improved offer after reports emerged that the club had turned their attentions to Juventus’ Paul Pogba.
Pogba is tipped to have a bright future in the game after performing strongly for Juventus since joining the Italian giants from Manchester United last summer.
The move would represent Arsenal’s first outlay of the summer transfer window with the club so far having only signed Yaya Sanogo on a free transfer.