Written by Jim Daly

Oh my god it's actually happening. Reports from France suggest Yohan Cabaye has agreed to join Palace.

French newspaper L'Equipe are reporting that the former Newcastle star has chosen the Eagles thanks to his pre-existing relationship with Alan Pardew.

Reports had already emerged that Palace had agreed a £12.8m club record deal with Paris St Germain for the midfielder which would make his the most expensive player in Palace's history.

The French international reportedly wants £100,000 a week at the Eagles and according to sources in France has turned down Atletico Madrid to move to Selhurst, which is crazy but amazing.

The 29-year-old joined PSG from Newcastle for £19m in January 2014, but started just 13 games last season and wants regular football to try and secure a place in the France squad for Euro 2016.

According to the BBC, there is an agreement in principle over personal terms and he is expected to undergo a medical in the next 48 hours.

It would be a huge statement of intent from Palace and CPFC2010 if Cabaye arrives we could be on the verge of one of the greatest signings ever.

Hold onto your hats, folks!