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Harry Redknapp has revealed that QPR striker Loic Remy is available for around £8million.
Arsenal and Liverpool are both monitoring the French international's situation as his season-long at Newcastle comes to an end.
Remy signed for QPR from Marseille for £8million in January 2013 on a four-and-a-half year deal but his six goals were not enough to keep them up.
The 27-year-old netted a further 14 Premier League goals in 26 appearances for Newcastle last season, sparking interest from Arsenal and Liverpool among others.
QPR returned to the top flight on Saturday with a 1-0 win over Derby in the SkyBet Championship play-off final but Redknapp does not expect to be able to call on Remy's services next season.
'I don't see (Loic) Remy wanting to come back and play,' said Redknapp. 'He's talking about playing Champions League somewhere.
'I wouldn't know what he'll do, but I think he's got a buy-out clause which is at a reasonable level.
'Not much more than we paid for him.'
Source: Daily Mail
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