US rapper Jay-Z is reportedly set to launch a new restaurant/nightclub with Ashley Cole. The 41-year-old is looking for possible venues in London's Pall Mall area.
The club will apparently be very 'posh' and will be called 40/40, the same as Jay-Z's chain of nightclubs in the US. Footballer Ashley, 30, who is rumoured to have got back together with his ex-wife Cheryl Cole, hopes that going into business with Jay-Z will improve his image as a percentage of the profits will be given to charity.
A source told the publication: "This is the perfect way for Ashley to improve his image. "He's aware his football career won't last forever and this is the ideal way to launch into a new area of expertise. He knows that his reputation isn't great and working with charities and disillusioned young people would help."
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