The Magpies rejected a £10m offer from the north London side for the France international in the summer transfer window and Arsenal went on to sign Mesut Ozil in a club-record deal on deadline day.
The 26-year-old missed the opening two Premier League games of the season as the midfielder refused to line-out for the Magpies against Manchester City and West Ham United.
“Was my failed transfer to Arsenal difficult to swallow? At first, yes,” said Cabaye.
“But you have to quickly get focused again, because if you go on thinking about it you have a grudge against a lot of people and that is useless.
“I quickly forget about it and go back to work.”
Cabaye also understood the decision of the Newcastle supporters to jeer the midfielder when he returned to first-team action.
“The fans’ state of mind was due to what the club wanted to let them know,” he continued.
“As I didn’t talk and I won’t give any explanation about what happened, they chose their side. That is part of a career, but I bear no grudge against no one. I accept it, it is in the past.”
Cabaye also revealed Newcastle director of football Joe Kinnear knows the ins-and-outs of his failed move to Arsenal.
“The only person who can explain what happened is Joe Kinnear. If he is honest, he will tell it. Otherwise it will not get out of my mouth.”
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