The Times reports that PSG have made an fresh effort to sign the highly-rated France midfielder.
PSG boss Laurent Blanc is prepared to let three other midfielders leave in order to bring in Cabaye.
Cabaye joined Newcastle in a £4.3 million deal from Lille two years ago.
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Liverpool have unveiled their new home kit for next season, sticking with the hugely popular retro styling of the current shirt.
The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.