Jay-Z is hoping to sign X Factor contestants Cher Lloyd and Katie Waissel after the show has finished, it has been reported.

Both girls have impressed the US rapper with their performances on the live shows and he is considering making them part of the European Takeover Roc Nation Label, reports the Dail Star.

The European arm of the label is jointly owned by UK rapper Tinchy Stryder. “Cher is cool. She stands out. I like the way she can rap and sing,” said Stryder.

Meanwhile, Jay-Z is busy promoting his new book 'Decoded' and working with Kanye West on new album 'Watch The Throne'.

(by Holly Frith)