Irons unwilling to match Cabaye’s £12.8m price tag

Yohan Cabaye’s move to Crystal Palace seems to be nearing completion say L’Équipe this morning.  Palace and PSG are said to have finally agreed a 18 million euro deal in principle made up of a 14 million Euros up front fee plus up to 4 million Euros in performance and appearance bonuses. The £12.8m package is not a price West Ham are prepared to pay for the 29 year old according to reports.

Yesterday reports emerged he would rather join West Ham than Crystal Palace but that seems very unlikely with the Hammers unwilling to match Crystal Palace’s bumper offer. Another stumbling block were the claims the player wanted up to £100,000 per week to re-join the Premier League which would shatter West Ham’s current wage structure where the highest paid player, Andy Carroll receives £85,000 per week basic.

Cabaye will cost another £15.6m in wages over three years if his huge wage demands are met but Palace insiders suggest he has been offered £80,000 per week by the Eagles plus bonuses based on appearances, goals and the team’s performance in cups and the league.

Cabaye was spotted in London’s Regent street yesterday shopping in advance of agreeing personal terms and a medical later this week.