Yohan Cabaye is closing in on a £10m move to Crystal Palace

Crystal Palace are close to completing the club-record signing of Paris St-Germain midfielder Yohan Cabaye. 

Palace and the Ligue 1 champions have agreed a fee in the region of £10m, rising to around £13m with add-ons. 

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. 

Should he join Alan Pardew's Palace side, he would become the most expensive signing in the club's history, surpassing the £7m they paid Wigan for James McArthur last summer. 

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. 

But midfield options including Thiago Motta, Javier Pastore, Marco Verratti and Blaise Matuidi have seen him used largely as a substitute at PSG, scoring three goals in 53 appearances. 

Shaw Post believes that this is some very shrewd business by Alan Pardew as he's on the cusp of a signing a very experienced player in the Premier League. With a few more signings Crystal Palace FC could be targeting a place in the top 10 of the Premier League and a long cup run.