Crystal Palace have signed France international midfielder Yohan Cabaye from Paris Saint-Germain for a club record fee.
The 29-year-old has penned a three-year deal with the Eagles and links up with his former Newcastle manager Alan Pardew at Selhurst Park.
The Eagles have not disclosed the fee but it is understood to be in the region of £10million, rising to £13million with add-ons.
That surpasses the £7m the south London club paid for James McArthur last summer.
Cabaye told Palace’s official website: “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.
“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.”
The signing of Cabaye, who has 38 caps for France, represents a major coup for Palace.
The experienced playmaker cost PSG £20million in January 2014 after an impressive three-year spell at Newcastle.
But he struggled with niggling injuries, and started just 13 matches last season as Laurent Blanc’s side clinched a domestic treble.