Arsenal chose to submit a bid for the Newcastle midfielder yesterday which seems to have triggered the attention of French giants PSG, forcing them into action with a £15 million offer which may knock Arsenal out of the race to sign the Frenchman.
In some ways, Arsenal fans may see that as a blessing in disguise with a serious question over whether Cabaye is the player the Gunners need to drive the side forward this season.
However, Arsene Wenger has made it clear he has a healthy admiration for Cabaye but there are plenty of negatives to getting drawn into a biding war against PSG.
Firstly, it would force Arsenal to pay way over the odds for what the player is worth. A response from the Gunners would now have to be in the region of £17 million, forcing the price up close to double what they originally wanted to pay.
Cabaye is a decent player and someone Newcastle boss Alan Pardew rates very highly but he’s not the blockbuster, superstar sort of midfielder Arsenal should be paying close to £20 million for.
If the club is ready to get involved in a bidding war for a midfielder then they may as well go up against Manchester United for a player like Marouane Fellaini.
Cabaye is similar in many ways to the players Arsenal already have in their squad whereas Fellaini would offer them strength, aggression and a little bit of something they don’t already have.
The second negative effect it would have is that it would impact on Arsenal’s other transfer targets, with clubs more likely to take advantage of them in the transfer market.
The bid for Cabaye does seem to smell a little bit of desperation and Arsenal have made it quite clear now that they are in the market for players because they are way short of where the club needs to be.
The effect of over paying for Cabaye would have a knock on effect, with Arsenal more than likely having to over pay for any other transfer target they have in mind before the close of the window.
The transfer window itself is reason for the Gunners not to get drawn into bidding wars for Cabaye and any other players because that will cause a lot of going back and forth which eats up time.
Arsenal are in a position where if they are going to make signings, they need those signings to be completed quickly and without fuss to ensure that those targets arrive before the deadline on September 2.
What do you think? Should Arsenal push the boat out to sign Cabaye?
image: © stephendgardner