American rapper turned producer Jay-Z is looking to buy a stake in Arsenal, a paper has revealed.

The Sunday Mirror reported that the music industry big-wig, who recently sold his co-owned record company, and is looking to invest the cash.

An insider told the newspaper: "Jay-Z loves football - he thinks the whole scene is very bling. He has also met Henry and thinks he is really cool."

"Jay-Z is a man who gets what he wants - and he wants a portion of a Premiership club," the source said.

The paper also suggests that Jay-Z first approached Russian billionaire Roman Abramovich, owner of Chelsea, but he wouldn't "dilute his shareholding".

The megastar boyfriend of Beyonce Knowles has been in the news a lot recently, due to denials about a secret marriage to Beyonce, and other music-related news.

He has been linked with a return to recording his own music after working with Kanye West on the College Dropout star's last album.