Hi Guys,
I have some progress here.
With the OpenOCD built here: Accessing external flash from OpenOCD
And a modified linker file (STM32H750VBTx_FLASH.ld) :
/*
*****************************************************************************
**
**  File        : LinkerScript.ld
**
**  Abstract    : Linker script for STM32H750VBTx Device with
**                128KByte FLASH, 1056KByte RAM
**
**                Set heap size, stack size and stack location according
**                to application requirements.
**
**                Set memory bank area and size if external memory is used.
**
**  Target      : STMicroelectronics STM32
**
**
**  Distribution: The file is distributed as is, without any warranty
**                of any kind.
**
**  (c)Copyright Ac6.
**  You may use this file as-is or modify it according to the needs of your
**  project. Distribution of this file (unmodified or modified) is not
**  permitted. Ac6 permit registered System Workbench for MCU users the
**  rights to distribute the assembled, compiled & linked contents of this
**  file as part of an application binary file, provided that it is built
**  using the System Workbench for MCU toolchain.
**
*****************************************************************************
*/
/* Entry Point */
ENTRY(Reset_Handler)
/* Highest address of the user mode stack */
_estack = 0x20020000;    /* end of RAM */
/* Generate a link error if heap and stack don't fit into RAM */
_Min_Heap_Size = 0x200;      /* required amount of heap  */
_Min_Stack_Size = 0x400; /* required amount of stack */
/* Specify the memory areas */
MEMORY
{
DTCMRAM (xrw)       : ORIGIN = 0x20000000, LENGTH = 128K
RAM_D1 (xrw)        : ORIGIN = 0x24000000, LENGTH = 212K
LTDC (rw)           : ORIGIN = 0x24035000, LENGTH = 300K
RAM_D2 (xrw)        : ORIGIN = 0x30000000, LENGTH = 288K
RAM_D3 (xrw)        : ORIGIN = 0x38000000, LENGTH = 64K
ITCMISR (xrw)       : ORIGIN = 0x00000000, LENGTH = 4K
ITCMRAM (xrw)       : ORIGIN = 0x00001000, LENGTH = 60K
FLASH (rx)          : ORIGIN = 0x08000000, LENGTH = 128K
EXT_FLASH (rx)      : ORIGIN = 0x90000000, LENGTH = 32768K
}
/* Define output sections */
SECTIONS
{
  ext_flash_code :
  {
    . = ALIGN(4);
	*(.ExtFlashCode*);
    . = ALIGN(4);
  } > EXT_FLASH
  ext_flash_data :
  {
    . = ALIGN(4);
	*(.ExtFlashData*);
    . = ALIGN(4);
  } > EXT_FLASH
  /* The startup code goes first into FLASH */
  .isr_vector :
  {
    . = ALIGN(4);
    KEEP(*(.isr_vector)) /* Startup code */
    . = ALIGN(4);
  } >FLASH
  /* The program code and other data goes into FLASH */
  .text :
  {
    . = ALIGN(4);
    *(.text)           /* .text sections (code) */
    *(.text*)          /* .text* sections (code) */
    *(.glue_7)         /* glue arm to thumb code */
    *(.glue_7t)        /* glue thumb to arm code */
    *(.eh_frame)
    KEEP (*(.init))
    KEEP (*(.fini))
    . = ALIGN(4);
    _etext = .;        /* define a global symbols at end of code */
  } >FLASH
  /* Constant data goes into FLASH */
  .rodata :
  {
    . = ALIGN(4);
    *(.rodata)         /* .rodata sections (constants, strings, etc.) */
    *(.rodata*)        /* .rodata* sections (constants, strings, etc.) */
    . = ALIGN(4);
  } >FLASH
  .ARM.extab   : { *(.ARM.extab* .gnu.linkonce.armextab.*) } >FLASH
  .ARM : {
    __exidx_start = .;
    *(.ARM.exidx*)
    __exidx_end = .;
  } >FLASH
  .preinit_array     :
  {
    PROVIDE_HIDDEN (__preinit_array_start = .);
    KEEP (*(.preinit_array*))
    PROVIDE_HIDDEN (__preinit_array_end = .);
  } >FLASH
  .init_array :
  {
    PROVIDE_HIDDEN (__init_array_start = .);
    KEEP (*(SORT(.init_array.*)))
    KEEP (*(.init_array*))
    PROVIDE_HIDDEN (__init_array_end = .);
  } >FLASH
  .fini_array :
  {
    PROVIDE_HIDDEN (__fini_array_start = .);
    KEEP (*(SORT(.fini_array.*)))
    KEEP (*(.fini_array*))
    PROVIDE_HIDDEN (__fini_array_end = .);
  } >FLASH
  /* used by the startup to initialize data */
  _sidata = LOADADDR(.data);
  /* Initialized data sections goes into RAM, load LMA copy after code */
  .data :
  {
    . = ALIGN(4);
    _sdata = .;        /* create a global symbol at data start */
    *(.data)           /* .data sections */
    *(.data*)          /* .data* sections */
    . = ALIGN(4);
    _edata = .;        /* define a global symbol at data end */
  } >DTCMRAM AT> FLASH
  /* Uninitialized data section */
  . = ALIGN(4);
  .bss :
  {
    /* This is used by the startup in order to initialize the .bss secion */
    _sbss = .;         /* define a global symbol at bss start */
    __bss_start__ = _sbss;
    *(.bss)
    *(.bss*)
    *(COMMON)
    . = ALIGN(4);
    _ebss = .;         /* define a global symbol at bss end */
    __bss_end__ = _ebss;
  } >DTCMRAM
  /* User_heap_stack section, used to check that there is enough RAM left */
  ._user_heap_stack :
  {
    . = ALIGN(8);
    PROVIDE ( end = . );
    PROVIDE ( _end = . );
    . = . + _Min_Heap_Size;
    . = . + _Min_Stack_Size;
    . = ALIGN(8);
  } >DTCMRAM
  itcm_data = LOADADDR(.itcm);
  .itcm :
  {
    . = ALIGN(4);
    itcm_text_start = .;
    *(.itcm)         /* ITCM code section */
    . = ALIGN(4);
    itcm_text_end = .;
  } >ITCMRAM AT> FLASH
  .ltdc (NOLOAD):
  {
    . = ALIGN(4);
    __ltdc_start = .;
    KEEP(*(.ltdc))         /* LTDC buffer section */
    __ltdc_end = .;
  } >LTDC
  .ss (NOLOAD):
  {
    . = ALIGN(4);
    *(.ss)           /* spritesheet */
  } >RAM_D2
  .fb (NOLOAD):
  {
    . = ALIGN(4);
    *(.fb)           /* framebuffer */
  } >RAM_D1
  .m (NOLOAD):
  {
    . = ALIGN(4);
    *(.m)           /* framebuffer */
  } >RAM_D2
  .dac_data (NOLOAD):
  {
    . = ALIGN(4);
    *(.dac_data)           /* dac_data */
  } >RAM_D3
  /* Remove information from the standard libraries */
  /DISCARD/ :
  {
    libc.a ( * )
    libm.a ( * )
    libgcc.a ( * )
  }
  .ARM.attributes 0 : { *(.ARM.attributes) }
}
We now have two new sections in external flash, ExtFlashCode for code and ExtFlashData for data:
__attribute__((section(".ExtFlashCode"))) char *testXIP(char *pszIn)
{
	while(*pszIn)
		*pszIn++='A';
}
__attribute__((section(".ExtFlashData"))) int  n1 = 0x11223344;
__attribute__((section(".ExtFlashData"))) int  n2 = 0x55667788;
These flash to external flash perfectly from the elf file via OpenOCD :)
So after qspi_init() and qspi_enable_memorymapped_mode() are called the data is accessible and the function can be called.
Things that are not yet working:
- 
Breakpoints in external flash. I have a horrible feeling this is because they are not in the code section which would mean we would have to run all code from external flash to debug. Looking into this. 
- 
Data structures strings etc in external flash, this is causing a hard fault in _static_initialization_and_destruction() in 32blit.c, not sure what is going on here yet.