 Thursday, 3rd May 2007 22:13 The Football League are investigating a loan made to QPR by Oldham chairman Simon Blitz. This has made a couple of the tabloids and is confusing to say the least. Whether or not this could mean Blitz leading a takeover bid, who knows? As ever with our beloved club, all is quiet and the BBC Website states that neither QPR chairman Gianni Paladini nor the Football Association would comment on the matter. Although New York based tycoon, Blitz told the Oldham evening chronicle that the deal was... ...entirely a personal business transaction which had "no bearing whatsoever" on Oldham Athletic. "It's something I do. People borrow money from me and they pay it back with interest. Business is business. "Usually the collateral is something like a house, but QPR couldn't use their land to guarantee the loan so I agreed they could use a player." The Oldham Chronicle also states that Simon Blitz expects to be paid back when QPR, who have had long-term financial problems, receive money from the sale of season tickets. Somehow, I don't think we have heard the last of this one... Photo: Action Images Please report offensive, libellous or inappropriate posts by using the links provided.
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