Speculation has it that Fergie has the Frenchman on his wanted list as he looks to beef up his midfield for the new season.
But Cabaye is on a long term contract with the Tyneside outfit and is said to be looking forward to playing in Europe next season.
Speaking to the French press, he said: "There are rumours. I am following it a little.
"But I have four years remaining on my contract with Newcastle. Today I don't want to know anything. That is what agents are for.
"At Newcastle we will play in the Europa League. The atmosphere is already huge at St James Park with us in the Premier League and it seems stronger now we're in Europe."