Remy is on-loan at Newcastle this season from QPR.
Tottenham are also after the 27-year-old striker.
But Remy will choose the Emirates over White Hart Lane. A source close to the player said: "If Arsenal want him that's where he will go. Where else would a big fan of Thierry Henry want to go?"
Spurs would pay QPR's asking price of £15million but they are unlikely to be offering Champions League football.
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