This one is a bit of a shocker to me. Diddy is definitely a rich man but can he really play with the big boys of English football club owners? I didn’t even know he was into football enough to splash down millions on it. You have to laugh at the fact that he picked Crystal Palace of all teams, he may even rename it to “Cristal” Palace. Ok not funny, back to the serious stuff.

RAP star P DIDDY plans to put the Cristal into Crystal Palace with a shock bid for the struggling London footie team. The hip-hop mogul has decided he wants to be the next filthy rich foreign owner of an English club.

And Diddy, real name Sean Combs, is planning to splash some of his reported £360million on the Selhurst Park side who gave Sun columnist IAN WRIGHT his big break in football.

The bankrupt club is in chaos, facing relegation from the Coca-Cola Championship after having ten points docked for going into administration. Former owner SIMON JORDAN was no stranger to the jet-set – so at least the poor fans are used to flamboyant playboy owners with a taste for the high life.

Diddy’s swoop for The Eagles would bring some much needed bling back to south east London. Last night his UK spokesman confirmed the multi-millionaire is in the market for Palace. He also added that the New Yorker has his eye on another big club.

A source said: “Diddy was in London meeting football fixers a couple of weeks ago. The finance is in place, he’s just deciding who he thinks he’ll make a bid for. Portsmouth were mentioned but he thought Palace were a better idea. He could cover their debt and bankroll a return to the Premier League. He liked the name as well.”

Now you must also take into account that all of this was reported by the Sun so who the hell knows what the real deal is. If Diddy does take the team under his wing you better look out. It may be something completely new for him but the guy is a lion in business and rarely do you see him lose on anything.