The Frenchman, 27, could be the ideal replacement for Paul Scholes, who looks set to retire for the second time.
Cabaye joined from French side Lille for an undisclosed fee in June 2011. He has become a fans favourite at St James' Park and the Toon Army would be sad to see him leave.
His set pieces and long range shooting is something that United fans can look forward to, as he likes to get up and down the pitch.
Cabaye could cost the Red Devils in the region of £20million and Sir Alex Ferguson had him scouted in their Europa League tie against Benfica on Thursday night.
The French international could help take the burden off Michael Carrick who has been instrumental in United's title charge this season.
During the Europa League tie, it's also understood Ferguson had his scouts run the rule over two Benfica players, defender Ezequiel Garay and midfielder Nicolas Gaitan.
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