Crystal Palace have signed Paris Saint-Germain midfielder Yohan Cabaye for a reported club-record fee of £10m.

The French international will join Alan Pardew's side on a three-year deal in a move that could see his overall transfer fee rise to as much as £13m with add-ons.

"I'm happy to be here. I've been waiting for the decision, had the medical and now I can't wait to focus on my new team, a new season and my new life," the 29-year-old told the club's official website.

"I wanted to come and play for Palace because there are some really strong players here. They finished very well last season and I think they can compete to get into the top eight.

"I also know the gaffer and have worked with him before and I'm confident with him. I want to do my best for him because he's made a big effort to get me to come here, as well as the Chairman, so I have to say a big thank you to both of them."

Cabaye spent a successful period alongside Pardew when the two worked together at Newcastle United between 2011 and 2014.