 Sunday, 8th Jul 2007 22:17 QPR will be hauled in front of the FA again on Thursday this time over the £500k loan from Simon Blitz. QUEENS Park Rangers face being relegated from the Championship or handicapped with a severe points deduction when the Football League board meet on Thursday. The League is furious that QPR seriously breached their rules by entering into an illegal loan agreement with League One Oldham. They borrowed £500,000 against the future sale of 24-year-old winger Lee Cook. The Football League has ordered QPR to repay the money. But QPR's financial crisis has deepened leaving them in a perilous position after the original cheque they issued to - repay Oldham bounced. However, QPR chairman Gianni Paladini insisted last night: "We paid the cheque to Oldham on Friday. I can tell you now that everything is satisfactory." A Football League source said: "We have unlimited powers to take an acceptable course of action in the case of QPR." Photo: Action Images Please report offensive, libellous or inappropriate posts by using the links provided.
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