Blanc revealed his admiration for the 27-year old France international earlier this summer and re-iterated his desire to have him at Parc des Princes. He also suggested Tottenham may be keen on Cabaye.
"He is a very good player. I have not changed my mind (about him)," he told le10sport.com.
"For now, he is at Newcastle. I have also read he is in Tottenham's plans.
"Newcastle, Tottenham or Paris - I hope he will still be at a big club in September."