Yohan Cabaye
Yohan Cabaye has put Manchester United and Arsenal on alert with a decision not to move to PSG, reports claim.Reuters

Manchester United and Arsenal are reportedly on alert for Yohan Cabaye after the midfielder turned down the option of a move to Paris Saint-Germain.

Cabaye was the subject of a £12m bid from the Gunners in the summer but Newcastle insisted at the time that they would not part with one of their top players for such a price, with the club valuing him at a fee closer to £21m.

Arsenal manager Arsene Wenger insisted this week that the side are not close to confirming any deals this month but Metro are claiming that he might be tempted by the prospect of once again entering the market for Cabaye now that the manager won't have to compete with big-spending PSG.

United are also believed to be monitoring his situation as David Moyes looks for a quick fix to midfield problems that have been ongoing and crippling for the Red Devils in the current campaign.

United are reportedly close to sealing a deal for Chelsea playmaker Juan Mata with the Spaniard set for a medical at Old Trafford later today. But while Mata will certainly go a long way to helping the current issues within the squad Moyes is believed to be looking at other options as well with a top four finish paramount to the club's plans in their first season without Sir Alex Ferguson at the helm.

Cabaye made the move to Newcastle from Lille in the summer of 2011 as the club looked to build on their French contingent. The 28 year old helped the Toon come close to Champions League qualification in his first season but since then top-tier European football has been a far off dream.

When Arsenal put in a bid for Cabaye last summer he pushed hard for a move and took some time to settle back into the Newcastle fold after the deal fell through. And with both United and the Gunners able to offer immediate Champions League football it would appear he could be tempted again by a possible exit from St James' Park.