Yohan Cabaye is set to return to Premier League as the French midfielder has agreed to join Crystal Palace according to reports of BBC and The Guardian.
Palace and the Ligue 1 champions have agreed a fee in the region of £10m, rising to around £13m with add-ons as the midfielder is set for a reunion with manager Alan Pardew whom he played under at Newcastle United.
There is also an agreement in principle over personal terms and the France midfielder is expected to undergo a medical in the next 48 hours.
Cabaye, 29, joined PSG from Newcastle for £19m in January 2014, but started just 13 games last season.
This will be the most expensive signing for Crystal Palace ever surpassing the £7m they paid Wigan for James McArthur last summer.
The French midfielder is frustrated with lack of gametime at Parc des Princes and wants to move and s attracted to the idea of joining his former manager, though it is understood he is also seeking evidence of Palace’s ambition, particularly in the transfer market.
The midfielder would be the club’s first addition during the summer window, with Palace’s moves into the market to date limited to securing Brede Hangeland on a one-year deal and tying down James McArthur to new terms.
They have expressed interest in a number of players, from Chelsea’s Loïc Rémy to Matt Phillips and Charlie Austin at Queens Park Rangers, but Parish admitted over the weekend that securing personnel aimed at consolidating last season’s 10th-place finish – the joint second-highest in the club’s history – represented uncharted territory for the owners.
Pardew signed Cabaye from Lille in 2011 during his time as Newcastle boss. The midfielder was popular with fans on Tyneside, scoring 18 goals in 93 outings.
Cabaye had little chance to prove himself with Thiago Motta, Javier Pastore, Marco Verratti and Blaise Matuidi in the midfield and have seen himself used largely as a substitute at PSG, scoring three goals in 53 appearances.
“Yohan Cabaye is definitely one we’d like to do,” the co-chairman told TalkSport.
“It would be a massive thing for the club because he’s a seasoned international. But getting the top players is difficult. It’s a difficult transfer market right now. It’s a bit blocked up, no one really wants to go first, no one wants to set the valuation. We’ve finished 10th, we’ve done well but we want to do better than that. For us to get into the top 10 in the Premier League, we’ve got to be bringing in people that are top-10 Premier League players. It’s not easy, because everyone wants those players.”
PSG have seen UEFA Financial Fairplay regulations been lifted on them and are looking to cash in Cabaye to fund big signings.