Even with rumors of a record label with Apple in the works, Jay-Z plans to continue globallly expanding his 40/40 Club franchise.

A source tells the New York Post’s gossip column Page Six:

“Jay is focusing on opening five more 40/40 clubs. He opened Las Vegas on New Year’s and up next are Los Angeles, Miami, Chicago, London and Houston… He just didn’t have time to be president of Def Jam.”