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29 January 2014, 18:00
Newcastle United have confirmed the sale of midfielder Yohan Cabaye at the same time as announcing the loan signing of Dutch striker Luuk De Jong.
After a couple of days of speculation, Cabaye was unveiled by Paris Saint Germain as their new player at a news conference.
In a statement the club said:
"Newcastle United can confirm the sale of Yohan Cabaye to Paris Saint-Germain for an undisclosed fee.
Yohan leaves the club after two-and-a-half seasons at St. James' Park. Newcastle United have benefitted significantly from Yohan's talents since his arrival from Lille in the summer of 2011, and the player has likewise benefitted, developing hugely during his time on Tyneside.
The Club wanted to keep him but the lure of Champions League football and the prospect of being involved in the sporting project at PSG was an opportunity that Yohan made very clear to us he wanted to take.
Yohan leaves the Club with our best wishes for his future at PSG and, hopefully, as part of the French national squad for this summer's World Cup."
Shortly after that announcement, the Mags confirmed the loan signing of Dutch international striker Luuk de Jong.
The 23-year-old arrives at St. James' Park from Borussia Monchengladbach on loan to the end of the season, with an option to make the move permanent.
De Jong will wear the Magpies' number 18 shirt and is eligible to make his debut in Saturday's Tyne-Wear derby against Sunderland.
The front man began his career with De Graafschap in his homeland before enjoying a prolific three-year spell with FC Twente.
He signed for Monchengladbach in July 2012 and was part of the Holland squad which competed in the European Championships that summer.
"Newcastle is a great club and I have a good feeling about it.
I am very impressed with the stadium and training ground and have been made to feel very welcome by everyone I have met.
It has been a tough season for me so far but I am here to play games and want to be important for the team, and successful with goals and assists.
I am really looking forward to playing for Newcastle."
Newcastle United Director of Football, Joe Kinnear, said:
"We're delighted to bring Luuk de Jong to the Club.
He has an excellent pedigree and will add significantly to our striking options.
We've been watching him for a little while now and I am sure he will prove to be a valuable acquisition for us.
He's a great character and a proven goalscorer who I know is very keen to replicate the prolific form he showed for FC Twente in the Eredivisie."