Drake has stepped up in a major way to save a historic Italian soccer team from financial disaster. Here’s a quick breakdown of what went down:
- The Venezia club was on the edge of bankruptcy, needing millions to stay afloat.
- Drake mobilized North American investors to raise the necessary funds.
- Within two weeks, a deal was made, saving the team from financial ruin.
- Drake’s NOCTA label is now officially partnered with the team.
When Drake heard that the 120-year-old Venezia soccer club was about to go bankrupt, he knew he had to act. The team needed a quick influx of 10 million Euros ($10.9 million), followed by another 30 million Euros ($32.7 million).
Drake’s chief business officer, Matte Babel, shared how the superstar leaped into action. ‘Venice is an incredible city and Venezia has always been a special club,’ Babel commented. Within just two weeks, Drake and his team raised the money needed to save the club.
The funds came from a group of North American investors, though it’s unclear how much Drake contributed personally. However, his role in mobilizing these investors was crucial to the successful fundraising.
Besides financial support, Drake deepened his ties with the club through his Nike sub-label, NOCTA, which is now the team’s official technical partner. This partnership adds another layer of Drake’s involvement with Venezia.
On top of his efforts to save Venezia, Drake was busy dropping new music. He released three new tracks: ‘It’s Up’ with Young Thug and 21 Savage, ‘Blue Green Red,’ and ‘Housekeeping Knows’ featuring Latto. These songs are part of a larger collection he shared online, which includes behind-the-scenes footage and unreleased material.
Drake’s swift action and influential connections ensured that Venezia soccer club remains a proud fixture in Italian sports.
