According to GetWestLondon, moves to both AC Milan and Napoli will be scuppered due to the 25-year-old's high wages.
Taarabt has thus been forced to join in with pre-season training with the rest of Harry Redknapp's squad. And, if the club can't sell the player, why not use him in their bid to stay up?
When Redknapp first took over at QPR, Taarabt proved inspirational as he guided the Rs to a memorable 2-1 victory over Fulham.
That success was short-lived, however, as questions over his attitude soon surfaced and the 25-year-old left Loftus Road on loan the next season - to Fulham of all places.
Last term, the Moroccan scored six goals and registered two assists for the Cottagers and AC Milan, who he joined on loan in January.
There is nothing to suggest, then, that Taarabt can't deliver in the top-flight. It's simply a matter of him putting his mind to it.
“I would have had Adel back, no doubt. I admit I looked at doing it, but then Milan came in and then it becomes difficult,” said Redknapp of the midfielder in February.
“Speak to anyone here when they went up under Neil Warnock and they will tell you Taarabt was massive in that."
Now, he may have his wish. Many have expressed doubt over the midfielder's lack of tracking back and attitude issues in the past - but his time at Milan will have surely matured him. Taarabt may well be worth taking a chance on.
And if QPR can't find a new club for the Moroccan, it wouldn't make much sense to leave him in the reserves for £65,000 a week.