P Diddy is looking to buy a soccer team, and with his wealth he can certainly afford one.

According to reports, the rap mogul, whose real name is Sean Combs, is intending to buy the Crystal Palace football club and is also likely to put a bid of a whopping 360 million in order to purchase the team.

Sources have claimed that the representatives of the 40 year old musical artist have confirmed that P. Diddy is indeed inclined on purchasing the football club which entered into administration in the month of January and is known to be in quite a severe debt situation. Reports have stated that the rapper intends to revive the London club from its cash stripped status and hopes to restore it back to its illustrious days in the Premier League. Meanwhile, the interest showcased by P.Diddy in purchasing the team has received a warm welcome among the officials of the Crystal Palace football club. The administrator of the South London club Brenden Guilfoyle has reported divulged that he would taking a trip to New York in order to discuss the details of the deal with the renowned musical artist.

Meanwhile, sources close to P. Diddy have supposedly added that the rap mogul was interested in buying a soccer team for quite some time now and ultimately choose to go with Crystal Palace as he could play a pivotal role in making the club return to its glorious days while helping them to recover the debt situation. Moreover, one of the prime reasons why P. Diddy chose the London team was because he really liked its name.

There are some ‘greatest moments’ of the soccer team in the video above.