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QPR are looking to use misfit Adel Taarabt as bait to lure defensive midfielder Yann M'Vila from his loan spell at Inter Milan.
Rangers are desperate to get Taarabt's £65,000-a-week salary off the wage bill this month.
The Moroccan international wants a permanent switch to AC Milan, where he spent the second half of the last campaign, but no offer has been made as yet.
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M'Vila is currently on loan at AC Milan's fierce rivals Inter from Russian side Rubin Kazan, but has not made a major impact in Serie A.
Rangers are hoping Inter will be prepared to end their season-long loan agreement with Rubin if they take Taarabt instead, although an initial enquiry over a potential swap deal has been ignored.
Manager Harry Redknapp is looking to acquire M'Vila amid concerns over the fitness of £10m summer signing Sandro, who has started just eight games this term and not featured since November.