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Paris Saint-Germain are reportedly readying a £22m bid for Newcastle United midfielder Yohan Cabaye.

The France international has attracted the attention of Arsenal in recent months, and the Gunners failed with a £10m offer towards the end of the summer transfer window.

However, free-spending PSG are set to blow the Premier League leaders out of the water with a huge offer for the Magpies' man, according to The Sun.

PSG boss Laurent Blanc admitted that he was keen on Cabaye but was reluctant to delve into the specifics with regards to any official bid.

He told reporters: "I have always thought Cabaye was a very good player. I am very happy with the strength of my squad but there may be movement based on departures."

Gunners boss Arsene Wenger recently claimed that their interest in the 27-year-old was over, leaving PSG in the driving seat to land the former Lille man.

"Yohan Cabaye? We don't look for midfielders," said Wenger at the post-match press conference following his side's clash with Newcastle on Sunday.

"Today we had no Ozil, no Ramsey, who stayed at home, and still had three good midfielders, and still had Artaeta on the bench. There is no real need in there."

However, two players who are not thought to be ready to make way for Cabaye's possible arrival are Blaise Matuidi and Thiago Motta.

PSG president Nasser Al Khelaifi told Radio RMC in France: "I can confirm Thiago Motta and Blaise Matuidi will remain at Paris Saint-Germain.

"Blaise is very happy at PSG and if you ask Thiago Motta, he will tell you he wants to stay and finish his career at PSG. We talk with the players and their agents."