Beyonce's father predicts bright future for baby Blue

Beyonce's father Mathew Knowles is convinced his new granddaughter has a promising future ahead of her because her rich and famous parents will help her achieve all of her dreams.

The superstar singer and her husband, rap mogul Jay-Z, recently became first-time parents to baby Blue Ivy, and Knowles is adamant the couple will be great providers for the youngster as she grows up.

He tells Britain's Sunday Mirror, "If Blue Ivy wants to be a doctor when she grows up then they would figure how to buy a hospital.

"If she wants to be a basketball player I already own a WNBA team so she can play there and if she wants to be a singer then she would be very happy."

Knowles also reveals he is extremely happy in his role as a grandfather, adding, "I just saw Beyonce and Blue Ivy two days ago. She has already got fifty per cent growth in three weeks. She is going to be a really tall kid. You just want to love and kiss her but the great thing with grandkids is that you can give them back."