Newcastle United have rejected a £14 million bid from Paris Saint-Germain for their star midfielder Yohan Cabaye, according to Sky Sports (via TeamTalk). The offer won't have come unexpected from the Newcastle hierarchy as PSG boss Laurent Blanc recently named Cabaye as one of his key transfer targets. Newcastle fans must now endure an anxious wait before the January transfer window shuts on Friday, no doubt hoping that PSG won't make an increased offer and meet The Magpies' valuation, which is believed to be in excess of £20 million. Former French national team coach Blanc purposefully named Cabaye and Roma's Miralem Pjanic as his top choices to improve PSG's midfielder this window last week. Cabaye, who Blanc gave his first international debut to whilst coach of France, has been in great form in the past few months and in this author's eyes, gave his club the best performance of his NUFC career in the 3-1 victory at West Ham United last Saturday, a game he scored twice. Publicly Newcastle insist that they aren't looking to offload players in January but having already seen an ultimately rejected £10 million transfer bid from Arsenal unsettle Cabaye for the first few weeks of this season, it will be interesting to see if PSG's flirtatious offer (Newcastle fans might say "derisory") is increased to something more serious. If that proves to the case, Newcastle fans will be concerned how that would effect matters regarding their star man whose current contracts runs out in July 2016.