Rapper Drake Reportedly Played A Big Role In Saving Serie A Club Venezia From Insolvency

Drake

Rapper Drake had a relationship with Serie A club Venezia through his main brand official Matte Babel, and from that point forward he has been influential in the club’s desperate moments.

Serie A club Venezia were reportedly saved from bankruptcy. According to Transfermarkt, the club, which was promoted back into Italy’s top flight in June this year, also played in the 2021–22 season. During that time, it finished last and had significant debts to pay after spending more than $21 million on players.

Notwithstanding, just when the club was going towards financial calamity, Drake came in through Matte Babel, an member from Drake’s supervisory team. He got a call from his companion and Venezia co-owner Brad Katsuyama.

To avoid going bankrupt, the club needed to raise an additional €30 million in addition to the initial €10 million.

Furthermore, after a cash infusion from Drake and other (anonymous) financial investors, the club recovered from financial stress and eventually won the Serie B’s promotion playoff into Serie A.

The team were elevated back to Serie A in June subsequent to beating Cremonese in the play-off final.

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I spoke to Drake, then Brad and I discussed the details of how we could help. Within two weeks we had a deal, raised the money needed to pay the salaries and avoid bankruptcy’, Babel said.

Drake is a well-known sports fan because he bets a lot on sports and is a huge Toronto Raptors fan.

He is an international diplomat for the Raptors and the team’s training office is also named after his record label OVO (October’s Very Own).

Now, he’ll be involved with Venezia as well as the club have signed a deal for his Nike imprint NOCTA to produce the club’s kits.

Venezia start off their season on Sunday versus Brescia in the Coppa Italia.

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