Report: Crystal Palace ready to spend big for ex-Newcastle star Yohan Cabaye

Crystal Palace and West Ham United are reportedly interested in signing former Newcastle United star Yohan Cabaye from Paris Saint-Germain.

Crystal Palace are ready to spend big to sign Yohan Cabaye from Paris Saint-Germain this summer, according to The Sun.

It was earlier reported by The Mirror that Palace are interested in securing the services of the former Newcastle United midfielder, but there are problems in meeting his wage demands.

The British newspaper claimed that the Eagles have “set a £60,000-a-week salary limit on any signings”.

Cabaye allegedly earns more than that at French giants PSG, which means that agreement over a deal could be a problem.

However, The Sun now report that Palace have decided to overlook that criteria and are willing to pay the France international a good wage to convince him to sign for them instead of London rivals West Ham United.

According to the British tabloid, Eagles manager Alan Pardew “persuaded cautious owner Steve Parish to loosen the Selhurst Park purse strings after leading the team to their highest ever Premier League finish”.

The Englishman is also alleged to believe that his “close relationship with Cabaye can convince the French World Cup star to reject rival interest from West Ham”, with the duo having worked at Newcastle.

This means that Palace will pay PSG the reported £11 million they want as transfer fee for Cabaye - £4m more than they paid for record signing James McArthur last summer - and offer the 29-year-old a weekly salary of £65,000.

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