Crystal Palace set to announce €14m Cabaye signing

Posted Thursday, July 09, 2015 by Goal.com

The Eagles are understood to have agreed a deal with Paris Saint-Germain and met the wage demands of the midfielder, who will join the club subject to a medical

Crystal Palace are set to announce the club-record signing of Yohan Cabaye, Goal understands.

The club have agreed a fee in excess of €14 million with Paris Saint-Germain for the former Newcastle midfielder, who is set to have a medical in the next 48 hours ahead of a reunion with Alan Pardew.

Palace feared that they would struggle to persuade the midfielder to move to Selhurst Park but Goal understands that the club have quickly agreed to the player's wage demands.

"The club were shocked how straightforward it was. They thought he would take a lot of persuading but clearly he had already decided he wanted the move to happen," a source confirmed to Goal.

Cabaye, who was previously a target for Arsenal during his time with Newcastle, is thought to have been attracted by the prospect of making the move to London.

The midfielder spent three years under Pardew at Newcastle, during which time he became one of the highest-rated midfielders in the Premier League.

His form persuaded PSG to part with nearly €24m to sign him in early 2014 but, 18 months on, they are taking a sizeable hit on their investment.

Cabaye will become Palace's record signing and and they remain hopeful of wrapping up deals for Swansea City captain Ashley Williams and Ola John of Benfica.