Bad Boy mogul P. Diddy has his hands in a lot of business ventures and according to his camp he is looking at one more.
According to reports, Diddy has taken an interest in London’s historic soccer team Crystal Palace. The team which was founded in 1905 has recently seen financial hardships due to lack luster player performance and also went to administration which could possibly demote the team to a lower sports bracket.
“Diddy was in London meeting football fixers a couple of weeks ago. The finance is in place, he’s just deciding who he thinks he’ll make a bid for. Portsmouth were mentioned but he thought Palace were a better idea,” a source said. “He could cover their debt. He liked the name as well.”
Apparently, Diddy has been looking at a number of English football clubs, but was won over by Palace’s name.
Diddy, who is worth over $360 million dollars, is more than able to take care of the substantial debt that the team has accrued. The legendary hit maker has said to be in the process of making a bid.
Spending and investing is nothing new to P. Diddy who reportedly spent $500,000 at a party promoting his new album Last Train to Paris. What will be interesting is to see if Diddy can pull this off without appearing in and on everything associated with the team or having the team appear in music videos.
Whether you hate him or love him, you can’t deny that it must feel good to be a Bad Boy.
