QPR boss Harry Redknapp has encouraged Newcastle to make a bid soon, or risk missing out on the signature of striker Loic Remy, according to the Metro.

The French forward’s value continues to rise after a series of impressive displays for the Toon army, while Arsenal are also understood to have registered an interest.

Remy signed for QPR from Marseille for £8million a year ago, and despite scoring six goals in 13 Premier League appearances, he failed to save them from relegation.

He was then sent to Tyneside for a season-long-loan in August – a side he rejected in favour of a move to QPR the previous January – and has netted 10 times since.

Redknapp estimates the 27-year-old’s value has doubled since, and remains surprised he is yet to receive a concrete offer from Alan Pardew’s side.

“I don’t know what the deal is,” Redknapp said.

“You would think they would want to snap him up wouldn’t you? If they don’t then someone else will.

“For what we got him for, he’s probably worth double that now. He’s scored goals in the Premier League again this year.”

Redknapp’s comments indicate that QPR are ready to sell Remy, regardless as to whether they win promotion back to the Premier League this season or not.

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