Paris St-Germain has
signed Newcastle midfielder Yohan Cabaye in a £19m deal.
The Ligue 1 champions had a £14m bid for Cabaye rejected on
Sunday but returned with a larger offer, which could rise beyond £20m with
add-ons.
The 28-year-old, who has agreed a three-and-a-half-year contract,
completed a medical on Wednesday.
"I was won over by the ambitious project at Paris
St-Germain," said the France international, who will wear the number four
shirt.
"I can't wait to join this exceptional squad and help the team
reach its objectives in France and in Europe."
The former Lille player joined Newcastle for £4.3m in June
2011 and scored 17 goals in 79 appearances for the North East club.
He refused
to play for the Magpies in August after they rejected a £10m offer from
Arsenal, but later apologised and in September insisted he was
"happy" at the Premier League club.
PSG are three points clear of AS
Monaco in Ligue 1, and will face Bayer Leverkusen in the last 16 of the
Champions League.
"The transfer of Yohan Cabaye is further proof of the
club's capacity to attract the best French and overseas players,"
president Nasser Al Khelaifi said.
"We are especially delighted to
welcome him to the Paris St-Germain family to help it in its upcoming
challenges in the second half of the season."
Al Khelaifi heads Qatar
Sports Investments, who became PSG's majority shareholders in 2011.
Since their arrival, the club have spent more than £200m on
signings, with Uruguay striker Edinson Cavani joining from Napoli last summer
for £55m.

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