Nicole Richie Plans Clubbing Venture  2/9/06

Socialite-turned-actress Nicole Richie is set to take on her ex-fiancé as a Los Angeles club boss.

The Simple Life star is reportedly in secret negotiations to take charge of a nightclub that would be in direct competition with her former lover Adam Goldstein's trendy LAX.

An insider tells American magazine In Touch that Richie is keen to become a club co-owner after seeing DJ Goldstein's venue take off last year (05).

The source says, "She wants a piece of the action."

According to the publication, Richie has been scouting possible locations and touring available industrial spaces in Hollywood.

Her plans will also rival those of former best friend Paris Hilton, who has nightclub ventures in Las Vegas, Nevada and Miami, Florida. Hilton is also in negotiations to take over a club in London.