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)."
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