The former Ajax midfielder has fallen out of favour at San Siro and is being offered to numerous clubs, but his £200,000 a week salary is proving to be a stumbling block for many.
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“I was asked by one agent if I wanted to sign Sneijder,” Redknapp told The Sun.
“Of course I do. However, he’s on about £200,000 a week and now he wants to join QPR?
“I won’t name the agent, but let’s just say I think a deal is unlikely.”
The former Tottenham manager is expected to be busy during the transfer window as he attempts to save the club from relegation.
The Rs have been linked with a number of players, including a £5 million move for West Ham midfielder Mohamed Diame. However Redknapp refused to comment on his transfer plans, saying only: “We’ll wait and see.”