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Arsenal have made a £ 10 million offer for Newcastle United midfielder Yohan Cabaye, which has been instantly rejected by Alan Pardew. He has stated that the offer from Arsenal is extremely insulting. He values the player in excess of £ 20 million, while Arsenal appear to have rated him at only £ 15 million.

It remains to be seen if Arsenal will come with an improved offer, but signs are that they would. The team has been suffering from numerous injury problems, while they have also been unable to sign any big name player so far.

They have already missed out on several new signings like Luiz Gustavo and Gonzalo Higuain, who have decided to go elsewhere. The club are on a real low at the moment, as they are finding it very difficult to attract star players. Several years without winning a major trophy has reduced the prestige of Arsenal. Former Liverpool defender Jamie Carragher has said that this is a sign of panic buying from Arsenal with only a few days left the transfer window. Arsenal could be left with just around 20 players in the squad for the upcoming matches as they have several injury worries as well.
Players like Alex Oxlade-Chamberlain and Mikel Arteta have been ruled out for months.

"We were shown disrespect. The rights or wrongs of that bid I will leave others to think about, but I know what I think of it. To bid on the eve of a game was not necessary. They could have bid when this game was over and it would not have been any further down the line," said Pardew after the Manchester City match. Cabaye was left out of the starting line-up, as the manager had stated that his head has been messed up with.

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