Newcastle face Arsenal competition for Lyon's Grenier
Instead, they will swoop for Lyon's £12m-rated midfielder Grenier, 23, who has been compared to Yohan Cabaye.
Arsenal are also thought to have rekindled their interest in Grenier, who has been heavily linked with a move to the Premier League in recent years.
Reports in France claim the Gunners are consider an approach for the Lyon midfielder in January, and would cost the club £15m.
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