French midfielder, Yohan Cabaye is set to reunite with his former manager, Alan Pardew at Crystal Palace after a fee in the region of £10m was agreed between the Premier League club and Paris St-Germain (PSG).
Cabaye, 29, started just 13 games for PSG last season after joining from Newcastle for £19m.
A fee of about £10m, which could rise to £13m plus add-ons, has now been agreed between Newcastle and the Ligue 1 side.
Cabaye has also reached an agreement in principle with the Eagles and the midfielder is expected to undergo medical in the next 48 hours.
Upon completion of the deal, he would become Palace’s most expensive signing ever, taking down the record previously held by James McArthur following his £7m move from Wigan.
Former Newcastle boss Alan Pardew signed Cabaye from LOSC Lille in 2011. He went on to score 18 goals in 93 appearances for the Magpies.
Cabaye has been surplus to requirement in Paris, with the likes of Thiago Motta, Javier Pastore, Marco Verratti and Blaise Matuidi all laying claims to the midfield role at the Parc des Princes.