It seems like P. Diddy just can’t keep his hands off of, well…everything. He has colognes, clothing lines, shows, jewelry and music artists under his belt. Now, he’s looking to acquire a soccer team. Yes, you read right; a soccer team. To be more specific, he has shown much interest in London’s historic soccer team called Crystal Palace. It was started in 1905, but has been having some money issues recently, caused by lack luster player performance. The team now faces being demoted to a lower sports bracket.
Reports show that P. Diddy had a meeting in London with football fixers a number of weeks ago. The finances have been reported as being in place, now he’s just contemplating on who he will make a bid for. Portsmouth was mentioned, but Diddy figured Palace would be a better idea. He said that he could cover the debt and plus, he liked the name.
There are a number of other English football clubs he’s also been looking into. At the end, Palace’s name won him over. P. Diddy is known for being worth well over $360 million, so he is more than able to take care of the debt that the team has accumulated. He stated that he is in the process of making a bid. This whole process of spending money and investing in something isn’t anything new to Diddy, who spent $500,000 at a single party in order to promote his new album called Last Train to Paris.
Update: Seems like those were just rumors. The administrator of Crystal Palace says, “There is no truth in it whatsoever, I wish,” said Brendan Guilfoyle. “I am a big hip-hop fan and I would be delighted if P. Diddy wanted to buy Crystal Palace.”