Sean Combs is in talks to save troubled London soccer team Crystal Palace - he's reportedly planning to make a takeover bid of $576 million (£360 million).
The hip-hop star's representatives have confirmed he is looking into investing in a soccer club and has voiced interest in a number of teams - but he's attracted to the South London side because of its name.
And, according to British tabloid the Daily Mirror, Diddy's so keen on the club, which went into bankruptcy in January, he's preparing to make the staggering bid.
Diddy isn't the first rapper to turn his attention to the soccer world - fellow superstar Jay-Z is reportedly interested in buying a stake in North London club Arsenal.
Tagged in Sean Combs