Potential new owner....

[specialjon]

Rapper Diddy rejected Crystal Palace takeover

American rap star Diddy, formerly known as P Diddy and Puff Daddy, has revealed that he considered buying beleaguered Championship club Crystal Palace.

"There was somebody that had looked at it but the business of it just wasn't the right business move for me at the time," the entertainer told the BBC.

Crystal Palace were on the brink of liquidation until they were bought by a consortium named CPFC 2010 last week.

But Diddy said he was still on the lookout for a football club.

"I'm always looking into different business ventures and it's definitely one of my dreams one day to be a part of a sports franchise, especially a football team," he said.

"If the right situation comes my way and it's appealing and we can make the right splash and most importantly build the right team and win... I'm into winning and if it's the right situation then I'm open to it."

The rap mogul earns an estimated £21m ($30m) a year, according to Forbes magazine.

He will soon be seen starring alongside Russell Brand in the movie Get Him To the Greek, which is out in the UK on 25 June.

He is also relaunching his music career by forming a new group called Diddy - Dirty Money, who release their debut single Hello Good Morning on Monday.

http://news.bbc.co.uk/sport1/hi/football/teams/c/crystal_palace/8731506.stm

[Dirk Gently]

...... sports franchise......

'Nuff said!

[Gav]

Dirty Money

Should probably inquire about Portsmouth.

[Isaac Hunt]

Hmmm, is he REALLY? or perhaps this story has appeared because...

He will soon be seen starring alongside Russell Brand in the movie Get Him To the Greek, which is out in the UK on 25 June.

He is also relaunching his music career by forming a new group called Diddy - Dirty Money, who release their debut single Hello Good Morning on Monday.

[Barry the bird boggler]

This story's just there to get him a bit of extra PR and is never ever going to happen with any club and esp. not this one.

[Terminal Boardom]

The rap mogul earns an estimated £21m ($30m) a year, according to Forbes magazine.

Can't see how this level of income would be sufficient for a club of Reading's stature and ambition. And that is before he has covered his running costs to his existing empire...

[Hoop Blah]

The rap mogul earns an estimated £21m ($30m) a year, according to Forbes magazine.

Can't see how this level of income would be sufficient for a club of Reading's stature and ambition. And that is before he has covered his running costs to his existing empire...

Surely that's just his personal income, and doesn't say how much he's worth in the first place.

...not this this has any chance of happening, thank god!

[It Is What It Is]

Sean Combs ( Aka. P Diddy).
Combs is chief executive of Bad Boy Worldwide Entertainment Group, a privately held entertainment and fashion conglomerate with 2004 sales estimated at $300 million and a 2006 net worth to be over 500 million with investments and holdings, According to the Associated Press,

And thats about 4 years ago, so basically one can assume he's rolling in it still nowadays