PSG confirm Cabaye signing
Paris Saint-Germain on Wednesday confirmed the signing of France international midfielder Yohan Cabaye from English Premier League outfit Newcastle United.
A statement released by the French capital club said that the 28-year-old had signed a contract at the Parc des Princes until June 2017.
"I was won over by the ambitious project at Paris Saint-Germain and I can't wait to join this exceptional squad and help the team reach its objectives in France and in Europe," said Cabaye, who passed a medical earlier in the day in Paris.
PSG president Nasser Al-Khelaifi added: "The transfer of Yohan Cabaye is further proof of the club's capacity to attract the best French and overseas players."
Reports in France indicate that PSG will pay 20 million euros (�16.5m pounds, $27.3m) for the player, plus a potential three million euros more in bonuses.
PSG coach Laurent Blanc is a confirmed fan of Cabaye having given him his France debut in 2010.
Cabaye joined Newcastle in 2011 from Lille for �4.3million, with whom he won the Ligue 1 and French Cup double in his last season.