Transfer news: PSG set to unveil Yohan Cabaye this evening

A fee of around £20m was agreed with Newcastle for the France international

Newcastle manager Alan Pardew expects another PSG bid for Yohan Cabaye (Owen Humphreys/PA)

Paris Saint-Germain are set to unveil midfielder Yohan Cabaye as their latest signing later on Wednesday.

The French giants have called a press conference for this evening, when the Newcastle playmaker is expected to be confirmed as a PSG player.

PSG had a £14million bid rejected for the 28-year-old on Sunday but then returned with a significantly improved offer in a bid to get their man, which appears to have been successful.

Cabaye has undergone a medical and is widely tipped to be at the centre of the press conference, which takes place at 1830 local time.

PA