Loic Remy’s move to Arsenal is on the verge of collapsing due to the QPR striker’s wage demands.

The Gunners want to add the Frenchman to their growing squad following last week’s acquisition of Barcelona’s Alexis Sanchez.

Arsene Wenger was becoming increasingly confident he would get his man after closing in on an £8million deal for the wantaway hitman.

Bad times: France's Blaise Matuidi (R), Mamadou Sakho and Loic Remy (L) look dejected at this summer's World Cup

However, we told you last week that there was still work for Wenger to do as personal terms were yet to be agreed.

And yesterday’s Sunday People claims the France international's £80,000-a-week wages are proving a stumbling block in getting the transfer completed.

Newcastle United, where Remy spent last season on loan, are monitoring the situation and are preparing to pick up the pieces if a move to the Emirates doesn’t materialise.

Loan star: Loic Remy played for Newcastle in 2013-14

Meanwhile, Liverpool have also been linked with a move for the striker after losing disgraced Luis Suarez to Barcelona this summer.

Keep up to date with all the latest transfer news and rumours in our live blog.