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Arsenal Quoted £22m To Buy In-Demand Premier League Playmaker In January

Gunners also face stiff competition for Frenchman’s signature from PSG though. 

Joint Premier League leaders Arsenal have been told by Newcastle United that they can sign in-demand midfield player Yohan Cabaye for a whopping fee of £22 million when the transfer window reopens for business in January, according to reports in the Daily Mail.

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The north London club have been chasing the hugely talented France international since the start of this season, when the Gunners made a bid of just £10m for the playmaker on the eve of the Magpies’ opening league game of the campaign against Manchester City at Eastlands.

However, the Geordies’ head coach Alan Pardew then withdrew Cabaye from his match-day squad for the top-flight contest in the north west, claiming that his star man had had his head turned by what he later described as Arsenal’s derisory and insulting offer.

But Cabaye has since knuckled down and gone on to shine in central midfield for the north-east giants, who are currently sitting in sixth place in the Premier League standings, just six points off joint leaders Arsenal and Liverpool as they approach the halfway point of the campaign.

And now with mega-rich Ligue 1 champions Paris Saint-Germain also set to follow up their own long-running interest in the 27-year-old next month, Newcastle have responded by placing a huge price tag on the player’s head.