Get the latest NUFC transfer and takeover news straight to your inbox for FREE by signing up to our newsletter Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email

Montpellier president Louis Nicollin has told Newcastle United in no uncertain terms that they would have to smash their transfer budget to land Remy Cabella. this winter - and pay a astronomical £90million for his services.

The player’s father claimed on Saturday that Cabella was due to sign this month.

Nicollin quickly went public by saying a deal would only take place at the end of the season.

The relegation haunted club want Cabella to boost their survival hopes.

Nicollin indicated that a fee that matches that paid by Real Madrid for Gareth Bale to Tottenham Hotspur would be the only way he would leave the Ligue 1 outfit.

He said: “If they want to make an offer in the summer there will be no problem….to let him go this winter, they must pay us what Real Madrid paid for Gareth Bale.”

Nicollin also feels that United will sell Yohan Cabaye to Paris St-Germain.

But he was keen to play down that Cabella would leave in the January window:

He said: “There is nothing at all (Remy Cabella transfer in January) and there won’t be anything done.

“I do not want to pay huge amounts of tax this year because the budget ends on June 30 – I prefer that it is from July 1.

“If there are good offers then that will allow us to have a good season next year, especially if we are in the top division – but there is no question at all of him leaving now, I have heard a lot of old rubbish.

“I think Newcastle are interested (in Cabella) because they are undoubtedly going to say yes to Paris Saint-Germain for the cash – but we are not stupid enough to give those English Cabella for Cabaye.

“Remy is a boy that I love and who deserves better than Newcastle.”