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Thursday, May 03, 2007

League To Probe QPR-Oldham

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BBC -League to probe Oldham-QPR link

The Football League has launched an investigation into a £500,000 personal loan made by Oldham chairman Simon Blitz to Championship side QPR.

A League spokesman said: "An issue, relating to Oldham and Queens Park Rangers, was brought to our attention."

The loan, which was registered with Companies House on 18 April, has been confirmed by Blitz.

However, neither QPR chairman Gianni Paladini nor the Football Association would comment on the matter.

Blitz told the Oldham Chronicle: "This is a business deal on a personal level which has no bearing whatsoever on Latics."

QPR's supporters' trust co-ordinator Tracy Stent added: "We are interested in finding out more about this, and we will be trying to do so (after Sunday's game against Stoke)." BBC


Sporting Life -LEAGUE PROBE LOAN TO QPR
By Tom Collomosse, PA Sport


The Football League has launched an investigation into a £500,000 personal loan made by Oldham chairman Simon Blitz to Coca-Cola Championship outfit QPR.

The loan, registered with Companies House on April 18, is believed to be secured against the potential sale of Rangers' star player Lee Cook and has been confirmed by Blitz, although Rangers chairman Gianni Paladini did not want to comment when approached.

A Football League spokesman said: "An issue, relating to Oldham Athletic and Queen's Park Rangers, was brought to our attention. This is now being investigated."

The League did not reveal possible punishments for Rangers or Oldham should they be deemed to be guilty of wrongdoing, while the Football Association would not comment on the matter.

Members of the Rangers Supporters' Trust are to meet Paladini on Sunday, when Rangers play their final Championship match of the season against Stoke, to discuss the matter.

Blitz said the loan would have no negative impact on Oldham's finances, and told the Oldham Chronicle this week: "This is a business deal on a personal level which has no bearing whatsoever on Latics."

Rangers' Supporters Trust Co-ordinator Tracy Stent added: "We are interested in finding out more about this, and we will be trying to do so [after Sunday's game against Stoke]." Sporting Life

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