Diddy recently locked down a June 22 release date for his long-delayed album, 'Last Train to Paris,' but according to reports, the Bad Boy mogul has already set his sights on a new business venture in the UK. The Sun reported on Thursday (March 18) that Sean Combs was in talks to purchase an English soccer team.

They revealed that Diddy is allegedly leaning toward London's Cristal Palace Football Club, which currently faces bankruptcy. "Diddy was in London meeting football fixers a couple of weeks ago. The finance is in place, he's just deciding who he think he'll make a bid for," a source told the Sun. The source explained that the 40-year-old mogul had considered a few choices before settling on Palace. "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." Combs will reportedly make a £360 million bid for the South London team.

While his soccer ambitions are unclear, the June 22 release date for Diddy's 'Last Train to Paris' still remains on track. The album has been delayed several times in the past few months.

More From TheBoombox