Transfer news: Arsenal yet to increase £10m bid for Yohan Cabaye - but Newcastle admit to having no control over Frenchman's future

Alan Pardew says the Frenchman's future remains uncertain

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Newcastle boss Alan Pardew insists Arsenal are yet to return with an improved offer for French midfielder Yohan Cabaye after having their “derisory” £10million opening bid rejected on Monday.

Newcastle labelled the opening offer for the French midfielder as "derisory" and manager Alan Pardew later criticised the timing of the bid, saying it had affected his side ahead of their 4-0 defeat to Manchester City.

Pardew has now revealed that Arsenal are yet to return with an improved bid - but hinted that the future of Cabaye remains uncertain.

"I think the situation with Yohan is an ongoing situation and we will take each day as it comes," he said.

"There's been one bid and I've turned that down, and that's really all I'm going to say on that."

Pardew went on to admit the Magpies are not in a position enjoyed by some clubs that allows them control the situation.

"We're the sort of club that is not in the bracket where we can dictate a transfer.

"We sometimes have to respond, because we are not in the position where we have got the luxuries of Tottenham or Liverpool.

"For us, we're poised waiting to see what happens, and we want to make sure we bring in one or two players that affect our first team."

It's understood that PSG are also interested in the 27-year-old French international - and could be prepared to offer Newcastle £20m.