The 28-year-old has been excused from Newcastle's squad to face Norwich City and will fly to Paris on Tuesday to undergo a medical and discuss personal terms
Yohan Cabaye is expected to complete a €24 million move from Newcastle to Paris Saint-Germain on Tuesday.
The Ligue 1 giants dispatched representatives to Tyneside to thrash out a deal for the 28-year-old after their initial offer - believed to be in the region of €17m - was rejected and Cabaye has now been excused from the Newcastle squad to face Norwich City on Tuesday evening as he flies to Paris to undergo a medical and discuss personal terms.
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"Am I confident of retaining Cabaye? No, I'm not confident and I don't think any team not in a Champions League position or fighting for a Champions League position could be," Pardew stated earlier this week.
Paris Saint-Germain have long been in the market for a new midfielder and Adrien Rabiot's knee injury further sped things up, prompting the Ligue 1 champions to move for Cabaye.
The France international had joined Newcastle from Lille in the summer of 2011, but is now on the verge of a return to his native country.
Newcastle, meanwhile, have earmarked Montpellier star Remy Cabella as Cabaye's replacement, with MHSC chairman Laurent Nicollin claiming a deal is in place to sign the midfielder this summer.
"We have an agreement with the leaders of Newcastle that I will not reveal," Nicollin told Midi Libre earlier this month.
"But it does not include a departure for Remy before June, it is a certainty."