Newcastle have rejected an Arsenal bid for their midfielder Yohan Cabaye.

The Gunners reportedly made an offer of £10 million for the French international.

The 27-year-old moved to St James' Park two years ago and the Magpies are understood to be holding-out for a fee closer to £20 million for a player who still has three years remaining on his current contract.

Arsenal tabled the bid this morning following calls from the Arsenal Supporters' Trust not to offer manager Arsene Wenger a new contract as their frustration with the club's failure to secure any big signings continues to build.