The Dutchman is in dispute with the Italian giants and has not played since September, and that has seen him linked with a January switch.
No bids have materialised, but Redknapp has revealed that QPR have been invited to make a move for the 28-year-old.
But Redknapp insists his wages, which he claims are £200,000-a-week, are too much for them.
Redknapp told The Sun: "I was asked by one agent if I wanted to sign Sneijder.
"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."
Inter have asked Sneijder to take a pay cut if he wants to stay at the club, something he has not agreed to do.