According to the Daily Express QPR boss Harry Redknapp, who guided the west London team to the Premier League via the playoffs this month, is resigned to losing the French international striker.
Chelsea and Arsenal have been heavily linked with the talented forward, who ended a loan spell at Newcastle with an impressive 14 goals from 26 appearances.
Newcastle boss Alan Pardew wants to secure Remy on a permanent contract if possible, but with the likes of Liverpool, Chelsea and Arsenal also keen the Magpies look an unlikely destination.
The 27-year-old is set to go to the World Cup with France this summer, and a good tournament could drive his price up, which would be good news for a Queens Park Rangers team that has struggled to manage its wage bill.
Redknapp believes Remy will go, and that would free up room for the QPR boss to strengthen this summer ahead of a Premier League survival campaign.
"Loic has done well at Newcastle," Redknapp said. "It would be difficult to get him back here. I think he's looking to play Champions League next year.
"He's had a great season at Newcastle - he's certainly worth much much more than we paid for him when we brought him here."
Liverpool, Arsenal and Chelsea would all be able to offer him Champions League football.