Wenger willing to stump up asking price, buy striker’s wages are too high.
Arsenal’s bid to sign France forward Loic Remy from Queens Park Rangers has hit a snag, according to the Sunday People.
QPR are demanding £10m for Remy and Arsenal are willing to meet that asking price, but the Gunners want the 27-year-old to take a pay cut.
Remy, who scored 14 goals in 26 Premier League games while on loan at Newcastle United last season, is reluctant to give up his £80,000-a-week wages.
Newcastle were also interested in signing Remy on a permanent deal.
However, they were put off by his wage demands as well.
The Magpies are now close to landing AS Monaco’s Emmanuel Riviere for a fee in the region of £8.5m.
Riviere, 24, scored 10 goals in 30 Ligue 1 appearances last season, providing two assists too.
He has represented France at five different youth levels.