Originally posted on Fox Soccer  |  Last updated 1/29/14
Paris Saint Germain have confirmed the signing of Yohan Cabaye from Newcastle for a fee in the region of £20million. The France midfielder has penned a three-and-a-half-year contract at the Parc des Princes. The Ligue 1 champions said in a statement: "Paris St Germain is delighted to announce the transfer of Yohan Cabaye to the capital club from Newcastle United until June 2017. He will wear the number four jersey." PSG had a £14million bid for Cabaye rejected by the Magpies on Sunday but the Ligue 1 champions have now secured the services of the 28-year-old. Neither club have revealed the price final tag for Cabaye - with Newcastle announcing the sale for "an undisclosed fee'' on their website. Cabaye said of his move: "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.''
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