Newcastle United midfielder Yohan Cabaye is examining the possibility of using the Webster Rule to buy out the remainder of his contract and become a free agent this summer, according to The Telegraph.

Cabaye has been consistently linked with a switch to both Paris Saint-Germain and Manchester United over the past three months, while Arsenal also had a bid in the region of £10m rejected last summer and are thought to remain an interested observer.

The 27-year-old is tied to the Toon until 2016 but under the FIFA-driven Webster Rule can buy the final two years of contract in search of a new club, which would cost the French international a whopping £5.76m out of his own pocket.

Newcastle have so far refused to comment on Cabaye's contract situation but are understandably wary of losing a prized asset for a fraction of their valuation, which is believed to be close to £20m.

Arsenal are the only club to have tabled a concrete bid for Cabaye this season, a move which led the playmaker to go on strike for a short spell back in August.

The Gunners eventually decided to look elsewhere for midfield additions, with PSG now thought to be leading the race thanks for his signature, thanks largely to Blanc's understanding developed during his time as boss of the French national side.

United are also thought to remain interested in a player that could provide creative impetus in midfield, with Cabaye scoring five times in 17 Premier League games this season including a winner at Old Trafford.

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