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P. Diddy Looking to Buy British Soccer Team

March 18th, 2010

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P. Diddy is looking to invest some of his $550 million worth into a British soccer team.

The Sun in London said that he is looking to invest in the club Crystal Palace which is currently facing bankruptcy, but he has been eyeing at others too.

The Sun’s source said that Diddy was in London looking at clubs a couple weeks ago and that he has the funds in place and just needs to settle on one.

“Portsmouth – who are also in severe debt – were mentioned but he thought Palace were a better idea,” The Sun’s source said. “He could cover their debt and bankroll a return to the Premier League. He liked the name as well.”

A representative for P. Diddy has confirmed that he has been looking.

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