Premier League fans will know the France international well; he amassed 18 goals and 15 assists from his 79 English top flight outings with Newcastle, almost firing the Magpies to Champions League qualification back in the 2011-12 campaign.
He only moved to current club PSG last January but has since been reduced to a bit-part role, with manager Laurent Blanc seemingly preferring the likes of Blaise Matuidi, Thiago Motta, Marco Veratti, Javier Pastore and youngster Adrien Rabiot.
Magpies boss Alan Pardew has ruled out a move for the 28 year-old in the coming transfer window, paving the way for the Gunners, the Reds and United to fight over his services.
And although all three clubs are known to be on the hunt for a new central midfielder in January, reports from the French media claim Cabaye would prefer to link up with Arsene Wenger at the Emirates.
The Gunners boss revealed yesterday that he does plan to spend in the New Year, calling for a ‘creative transfer strategy’, and the £19million-rated playmaker would fit into his budget.