clubs no longer have money to waste

LONDON CLUBS CAN’T AFFORD JAY-Z DURING CREDIT CRUNCH

Via The London Paper Jay-Z is finding the credit crunch is hamperiing his London party plans. The hip-hop superstar has found no club willing to stump up his appearance fee. Representatives for the star, in town to watch his NBA team, the New Jersey Nets, take on Miami Heat at The O2 on Sunday night, initially asked for £25,000 for him to host a party. Even though that figure has now gone down to £7,500, no clubs are interested. A club source told theBuzz: []