Town are understood to have agreed to sign Peterborough United striker Tyrone Barnett on loan. The 27-year-old, who TWTD revealed was a Blues target when with Crawley last January, is set to put pen to paper on a one-month deal having been transfer-listed by Posh last week after a breach of club discipline.
A number of Championship clubs, including Birmingham, Barnsley and Brighton, are also believed to have been interested in the frontman.
Barnett was a youth player with West Brom before dropping into non-league with Rushall Olympic, Telford, Willenhall Town and Hednesford. He broke into the Football League with Macclesfield in the summer of 2010.
After 13 goals in 50 starts and one sub appearance in his only season with the Silkmen, the 6ft 3in tall frontman moved on to Crawley for £150,000 the following summer.
Impressive displays for the Red Devils attracted plenty of interest with the likes of Fulham, Wigan and Stoke all reported to be keeping an eye before Christmas. Blackpool agreed a fee approaching £1 million before the deal broke down.
Barnett subsequently joined Posh, initially on loan, for a similar fee in February, signing a deal until 2015. He scored in the Blues' 3-2 victory over Peterborough at Portman Road last season as he netted 19 goals over the campaign, 15 of them for Crawley. This year he has scored just once in nine starts and one substitute appearance.
The striker, club captain Gaby Zakuani, Emile Sinclair and Nathaniel Mendez-Laing were all transfer-listed and fined last week after an incident outside a nightclub in Peterborough city centre in the early hours of last Sunday morning. Zakuani and Sinclair have subsequently been taken off the list and have had their fines rescinded.
The move for Barnett is unlikely to be a signal that QPR are planning to recall DJ Campbell with the Loftus Road club unlikely to get permission to draft an additional player into their 25-man Premier League squad despite Andy Johnson and Bobby Zamora suffering injuries.
Football League clubs are entitled to bring players in on loan until Thursday with manager Mick McCarthy indicating on Saturday that he might enter the market before the deadline.
Meanwhile, Arsenal midfielder Emmanuel Frimpong has joined Charlton on loan for a month. Last week McCarthy dismissed claims that the Blues had made a move for the 20-year-old, who briefly played for him at Wolves.