Arsenal, PSG, Wenger, Cabaye,

French giants Paris Saint-Germain are ready to blow Arsenal out of the water with a bid of as much as £20 million for Arsenal target Yohan Cabaye delivering yet another decisive blow to manager Arsene Wenger’s ambitions this transfer season.

Currently the under pressure Wenger is in Istanbul where Arsenal will face Fenerbahce in the first leg of their Champions League play-off match againt the Turkish club.

Arsenal made a bid of £12 million just prior to Newcastle United’s 4-0 loss to Manchester City something which manager Alan Pardew was not happy about, and news now that he will face PSG in a bidding war will not sit well with Wenger who is under pressure from the fans to spend the £80 million he has been given for new players.

Arsenal bid £12m on Sunday for Cabaye, 27, but PSG may be prepared to offer as much as £20m for the cultured midfielder.

Wenger clearly rattled by the criticism he is receiving from the fans hit back at his critics and defended his transfer business over the years he has been in charge at Arsenal saying:

‘In the last 16 years we have been very successful with transfers. The players who play are top quality players and you should never forget that.’

‘We are a bit short now but I don’t worry. Less than two weeks until the transfer window closes is a long time and 75 per cent of things happen in the last 10 days.’

As for Newcastle manager Alan Pardew complaining that Arsenal’s bid for Cabaye had unsettled the player and was ‘disrespectful’ — coming on just ahead of their opening Premier League game at Manchester City — Wenger said: ‘It’s not down to me to explain everything I do.’