The nightmare continues.
The Guardian, Sky Sports, and a number of other sources are reporting that Arsenal made a bid for Newcastle midfielder and French international player Yohan Cabaye today. Though the story's still developing, the Guardian's Louise Taylor, who covers the Toons, is reporting that the bid for Cabaye (linked to Arsenal in prior transfer chatter) was for £10M and it's already been rejected. According to the just-published story, Newcastle want closer to £20M for him, because of course they do.
Cabaye would be a good if not spectacular Human Spackle to patch the holes in the Arsenal midfield wall. With Arteta still out with injury, and the increasingly thinning veteran squad facing two away matches in the next five days (one in Turkey, one at Fulham), a bid the Monday following the Opening Day Disaster isn't surprising. Unfortunately, the bid being summarily rejected by a team potentially fighting relegation again this year is also not terribly surprising.
On the rumor/murmuring front, Arsenal also might preparing bids for Swansea defender Ashley Williams and Sevilla d-mid Geoffrey Kondgobia, both of whom would be solid additions for Arsenal, but will probably only be landable for a combined £25-30M.