Tottenham, Manchester United and Paris St Germain have all been linked with a summer move for the former Lille playmaker, although Newcastle are yet to recieve any official offers.
With the new Premier League season less than a week away, Pardew has confirmed he is doing all he can to keep hold of a player who he rates as one of best in the world.
And the Newcastle boss also insists despite the Toon narrowly avoiding relegation last season, that Cabaye has not outgrown the club.
“He is certainly not too good for us,” said Pardew, speaking after his side rounded off their pre-season with a 1-1 draw against Portuguese side Braga at St James’ Park, with Cabaye coming on in the second half.
“Cabaye’s in a great place right now. You want to keep hold of your best players and he is one of the best in the world, in my opinion.
“He is a fantastic asset for us, has conducted himself in a very professional manner, despite all the speculation, and I admire him for that.”
However the Newcastle boss is wary of any potential late bids for the Frenchman, which would leave his side finding it difficult to recruit a replacement.
“You are talking to a manager who has the history of Andy Carroll behind him, so you can never say never,” he added.
“We are vulnerable to bigger clubs if they are really decisive and make a bid that knocks us off our feet.”
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