Arsenal have given Arsene Wenger the green light to pursue and agree an £8m deal for QPR striker Loic Remy, reports the Daily Express.
The France international is set to leave QPR this summer despite the fact that the west London club regained a place in the Premier League.
Harry Redknapp admitted it would be hard to keep Remy at Loftus Road, hinting that he expects a Champions League club to activate his £8m release clause.
Tottenham have been heavily linked with a move for the 27-year-old, who scored 14 goals in 26 games whilst on loan at Newcastle United last season, and Arsenal are now set to enter the race.
According to the newspaper, Arsenal have given Wenger the all-clear to activate Remy's release clause and negotiate a deal with the player's representatives.
The France international is keen to play Champions League football next season, which Arsenal can most-likely offer whereas their north London rivals cannot.
Newcastle are also keen on keeping the player on a permanent basis but the lack of European football all but rules them out of the race.
Remy will travel to the World Cup with Les Bleus and may have to wait until after the competition to decide where his future lies.