London, Mar 22 (THAINDIAN NEWS) P. Diddy is all set to buy a soccer team. According to reports, the hip-hop mogul is interested in owning the English soccer team Crystal Palace. This could be a good shot in the arm for the debt-ridden Crystal Palace team. Even though British citizens would be appalled at the idea of their British soccer team being owned by an American, yet this could prove to be a turnaround for Crystal Palace.

Crystal Palace is under a lot of trouble because they suffered a number of losses and are in a lot of debt as well, and this has in turn made a number of key players from bidding adieu to the team. So the administer of the team – Brendan Guilfoyle is thrilled with the idea, as this was the breakthrough that he was expecting. He also said that he is open to talks and negotiations with P. Diddy. He also added that he “would willingly fly to New York to meet him to discuss a purchase.”

Currently the hip-hop mogul P. Diddy is said to be worth an estimated $550 million. He earned his name, fame and fortune from the music industry, clothing line (Sean John), a fragrance line and even a MTV reality show called ‘Making the Band.’