PSG have agreed to meet Newcastle United's asking price for Yohan Cabaye.

The Daily Mail says Toon have accepted a £23million bid from PSG for France midfielder Cabaye.

PSG initially offered £14m, which was rejected. However, a delegation from the Ligue 1 giants were in the North East with an increased offer that owner Mike Ashley couldn't turn down.

Newcastle manager Alan Pardew said: "The timing is very unfortunate. It was the same at the start of the season. The biggest concern for me is losing the player and the second biggest concern is that I have the derby on Saturday."

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