Newcastle United are hoping to take advantage of QPR's financial woes and sign Loic Remy on a permanent basis, according to The Daily Mirror.
Remy signed for the Magpies on-loan after QPR were relegated to the Championship and has impressed by scoring 13 league goals for Alan Pardew's team.
Following the recent announcement that their overall net debt has risen to £177m, speculation has been rife that they may have to offload their top earners in the summer, starting with Remy.
Their bid to return to the Premier League is still on track but if the club fail to secure promotion they could face a transfer embargo after they confirmed losses of £65.4 million for last season, which included a spending spree of over £40million.
With the likes of Joey Barton, Shaun Wright-Phillips and Julio Cesar all commanding high wages, the club have found themselves in financial trouble and Newcastle could take advantage.
Remy controversially rejected the St James' Park outfit before making the move to QPR during last season's January transfer window but after their relegation he made the temporary switch to the club and has become a fans' favourite.
Only Liverpool duo Luis Suarez and Daniel Sturridge - along with Manchester City's Sergio Aguero - are above Remy in the Premier League scoring charts.
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