Ashley Cole to open nightclub with Jay Z

London: Footballer Ashley Cole is planning to open a restaurant-cum-nightclub in partnership with rapper Jay Z.

Cole and Jay Z will take in unemployed young people and donate some of the profits for good causes, reports

They are looking at pricey properties in London`s Pall Mall area for the nightclub, which will be called 40/40, the same as Jay`s US chain of nightclubs.

Ashley is said to be keen to support young filmmakers in London.

"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," said a source.


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