Musician Drake is said to have helped with 40 million euros ($43. 7 million) to save Italian soccer club Venezia from bankruptcy.
“Brad Katsuyama, co-owner of Venezia and an intelligent friend of mine, called me. He explained the challenge to me in an undeniable way: Venezia wants to raise 10 million euros in a few weeks, then at least 30 million in a few months, otherwise the club will declare bankruptcy,” Drake’s Lopass director and member of his management team, Matte Babel, told the Italian edition of GQ (with Francesco Porzio of CBS Sports). “Venezia is an incredible city, and Venezia has been a special club. I spoke with Drake and then Brad, and we discussed the main points of how we can help. Within two weeks, we reached an agreement and raised the cash needed to pay the salaries and avoid bankruptcy.
GQ Italy noted that several North American investors have joined the effort and that the Venezia organization has created an operating committee to “oversee the strategic direction of the club” (with Billboard’s Michael Saponara).
In addition, the Italian has a sponsorship deal with Drake’s NOCTA line at Nike.
NOCTA, the official technical spouse of Venezia FC ✨https://t. co/NyAmjLVsVp for dates and details. pic. twitter. com/3xQm9KnsoT
Venezia, founded in the Italian town of Venice, is a club that has been operating since 1907. He spent 38 seasons in Serie B and thirteen seasons in Serie A, and was promoted to the Italian top flight last season. The most productive club The result came in the 1941-42 campaign, when they finished third in Serie A.
Drake is no stranger to the world of sports and sports betting, as he appears on the court at Toronto Raptors games.
“My first call was when I knew the club needed help,” Katsuyama told GQ. “Drake’s value to any football club is undeniable, given the length of his global superstardom and the reach of his logo. This intersection of culture and the game is precisely where we need to be. ” , and the opportunity to collaborate with a logo like NOCTA, which is moving in the same direction, is incredibly valuable. ”