Yohan Cabaye has been targeted by Arsene Wenger as the Arsenal manager looks to bolster his injury-hit squad after Saturday's dismal 3-1 defeat at home to Aston Villa on the opening weekend of the Premier League campaign.
Angry Arsenal fans chanted for Wenger to splash the cash at the final whistle after the Frenchman failed to make a marquee signing during the close-season.
But Wenger's offer for Cabaye is reported to have fallen well short of Newcastle's valuation and Magpies boss Alan Pardew has no intention of losing the former Lille player on the cheap.
Wenger, who has only eight fit senior players ahead of Wednesday's crucial Champions League play-off first leg at Fenerbahce, is also planning to make a combined 35 million pound sterling bid for Swansea striker Michu and his team-mate Wales defender Ashley Williams, according to the London Evening Standard.
Meanwhile, Cabaye, who is said to be valued at around pound sterling20 million by Newcastle, was left out of the Newcastle squad for their Premier League opener at Manchester City on Monday
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