Newcastle United have warned Arsenal target Yohan Cabaye that he can only leave the club if they receive a bid of £20 million or more for him, according to the Independent.
Cabaye, who has also been linked to big-spending French side Paris Saint-Germain, was withdrawn from the Magpies' heavy defeat to Manchester City on Monday night, after a bid from the Gunners.
The north London side's initial bid of £10.2m was quickly rejected by the St James Park outfit, who labelled the bid "derisory."
PSG are expected to make a bid for the French international in the coming days and the Ligue 1 champions could go head-to-head with the Gunners for the signing of the 27-year-old.
Newcastle boss Alan Pardew believes the midfield star could yet stay at the Magpies. He told reporters: “Because you cannot go on a forecourt of a car showroom and say to the dealership: ‘Here is what my valuation is and I’m just going to drive off with the car.'
“It does not work like that. You have to agree and only then can you drive it off. We have had one bid and it was not acceptable.
“The most important thing about this whole scenario is that the club wins, no one else. I am manager of this football club and will do what is best for the club.
“So if he stays, we need to get the best out of him. There has to be a way back for Yohan as well. So I have to be very careful in these next 10 days, where, maybe there is a solution and he moves on, but there is also a solution that he continues to play for us.”
Newcastle host West Ham United tomorrow and will be hoping to secure their first Premier League points of the season.