Newcastle United boss Alan Pardew says the club have not yet received a second bid from Arsenal for midfielder Yohan Cabaye.
The Toon turned down a bid thought to be around £10m for the French international earlier this week.
The offer came on the eve of Newcastle's opening Premier League game against Manchester City forcing Pardew to leave Cabaye out due to his mental stability.
Pardew later criticised Arsenal's timing and blamed the north Londoners partly for his side's 4-0 drubbing at the Etihad Stadium after their preparation and team selection was disrupted.
With Mikel Arteta and Abou Diaby out for an extended period, Arsenal manager Arsene Wenger has seemingly made a new deep-lying midfielder the chief priority in the remaining 10 days of the transfer window.
Wenger is still to make a significant venture into the transfer market this summer, coming under substantial criticism from supporters for his frugal approach.
Arsenal have been linked with the likes of Gonzalo Higuain, Luis Suarez and Wayne Rooney but none of the deals have come to fruition with only Yaya Sanogo joining from Auxerre on a free transfer.
And it appears as though the club are cautious of moving again for Cabaye, who has enjoyed an impressive first two years in English football at Newcastle since his move from Lille in 2011.
"I think the situation with Yohan is an ongoing situation and we will take each day as it comes," Pardew said.
"There's been one bid and I've turned that down, and that's really all I'm going to say on that."
Newcastle themselves have been slow in moving in the transfer market, signing just two players in Olivier Kemen from Metz and Loic Remy in a loan deal from Queens Park Rangers.
Pardew says he has met with Mike Ashley over the club's plan for the closing week of the window.
"I was there to get together with the owner and get ourselves a game-plan going towards the final week of the window, and that's what we did," he added.