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Anthony Joshua is in talks over a potential investment into Sky Bet Championship club Watford.
Joshua, a two-time world heavyweight boxing champion is reported to have a net worth of around $83 million.
The 35-year-old was born in Watford and is well liked in the area.
Joshua has made huge investment in property in the London area.
He has now revealed an opportunity could yet arise, given his desire to continue to purchase valuable assets.
“We wanted to move into private equity, venture capital funds,”Joshua told Seconds Out.
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“As you earn, naturally you want to save, so rather than me spending recklessly I’m trying to invest money into certain asset classes and that was an opportunity that presented itself.
“Nothing’s come of it yet. It’s a serious investment. If it comes off it’s one that should do well.
“If they went back to the Premier League then I’d need to get a shop on Market Street because the traffic that would be coming through Watford would be phenomena.
“I remember being on Market Street and watching the football fans.
“I’m not a massive football fan myself but watching the fans steamroll Market Street and steamroll Vicarage Road were real good scenes.
“If we don’t do it then good luck to them anyway because they’re a great team.”
Watford finished 14th in the just concluded Championship season.