Newcastle are bracing themselves for a bid for Yohan Cabaye from Paris St Germain and must decide whether to sell for around £20m or hold the France midfielder to his contract, The Guardian reports.

Laurent Blanc, the new PSG coach, holds Cabaye in high regard and sources in France suggest the PSG are preparing an offer which could be submitted as early as Monday. Although Monaco have also been tracking Cabaye, he forged a strong relationship with Blanc when the latter was France coach and offered the former Lille midfielder an important role in the national side.

Cabaye has three years remaining on his deal at St James' Park and is said to be a favourite of Mike Ashley, Newcastle's owner, but cashing in on the 27-year-old would help fund manager Alan Pardew's double £26m bid for St Etienne striker Pierre-Emerick Aubameyang and the central defender Kurt Zouma. Moreover, there would also be cash left over to purchase other targets, including Aston Villa’s Bent.