Dream Wired
No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
No Result
View All Result
Dream Wired
No Result
View All Result
Home DramaAlert

Drake Helps Raise $40M For Italian Soccer Club Facing Bankruptcy

rmtsa by rmtsa
August 12, 2024
in DramaAlert
0
Drake Helps Raise M For Italian Soccer Club Facing Bankruptcy
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Amanda Reifer The Reifer Files

Man Born on U.S. Military Base Deported to Jamaica — A Country He’s Never Even Visited • Hollywood Unlocked

Rob McElhenney Requests to Legally Change Name to ‘Rob Mac’

Drake Helps Raise M For Italian Soccer Club Facing Bankruptcy

by Cedric ‘BIG CED’ Thornton

August 12, 2024

The ‘Take Care’ rapper helped the team avoid bankruptcy.

Canadian superstar Drake has been credited with helping an Italian soccer club stay in business after staring in the face of bankruptcy.

According to GQ Italia, the soccer team, Venezia FC, was having financial issues and needed cash to keep the club afloat. Drake came in and saved the day when he became involved in raising the capital necessary to keep the team from filing for bankruptcy. Before the start of the 2023-24 season, team expenses and several moves caused panic for the team. The soccer club was in debt, and they made several moves to bring the debt down, including selling the contracts of various players while trying to raise money from new investors. Although on the field, Venezia FC was doing well in the standings, but not financially.

But one phone call changed the trajectory of the club. A member of Drake’s management, Matte Babel, who is also the entertainer’s Chief Brand Officer, received that call.

“I got a call from Brad (Brad Katsuyama, star of Michael Lewis’ Flash Boys, ed.), co-owner of Venezia and a good friend of mine. He explained the problem to me in a simple way: Venezia must raise ten million euros in a couple of weeks and then at least thirty million euros in a few months, or the club will go bankrupt. Venice is an incredible city, and Venezia has always been a special club. I talked to Drake, then Brad and I discussed the details of how we could help. Within two weeks we found an agreement, collected the money necessary to pay salaries and avoid bankruptcy.”

That luck off the field transferred to their on-field aspirations as Venezia FC won the playoffs against Cremonese. The ownership group was able to raise over $40 million in capital from a group of North American investors, allegedly thanks in large part to Drake and his team. That group has now formed an Operating Committee to oversee the direction of the club, intending to transform Venezia into a world-class team.

RELATED CONTENT: Argentina’s National Soccer Team Mocks Drake After He Loses $300K Bet



Source link

Tags: 40MBankruptcyClubDrakeFacingHelpsItalianRaiseSoccer
Share30Tweet19
rmtsa

rmtsa

Recommended For You

Amanda Reifer The Reifer Files

by rmtsa
June 28, 2025
0
Amanda Reifer The Reifer Files

Source: Axelle/Bauer-Griffin / Getty Amanada Reifer, Amanda Reifer, Amanda Reifer. Who the hell is Amanda Reifer, you ask? Amanda Reifer is singer-songwriter from Barbados with the voice of...

Read more

Man Born on U.S. Military Base Deported to Jamaica — A Country He’s Never Even Visited • Hollywood Unlocked

by rmtsa
June 28, 2025
0
Man Born on U.S. Military Base Deported to Jamaica — A Country He’s Never Even Visited • Hollywood Unlocked

A man who was born on a U.S. military base in Germany has been deported to Jamaica—a country he has no ties to and has never even set...

Read more

Rob McElhenney Requests to Legally Change Name to ‘Rob Mac’

by rmtsa
June 27, 2025
0
Rob McElhenney Requests to Legally Change Name to ‘Rob Mac’

Rob McElhenney Call Me Mac Daddy!!! On A (Mythic) Quest to Change My Name Published June 27, 2025 1:40 PM PDT It's not always sunny when you're Rob...

Read more

Milwaukee Woman Shoots Her Husband And Says ‘I’m Tired’

by rmtsa
June 27, 2025
0
Milwaukee Woman Shoots Her Husband And Says ‘I’m Tired’

by Kandiss Edwards June 27, 2025 Doris Winters was arrested after a quarrel with her husband, Aerial Winter, turned deadly. A Milwaukee woman admitted to shooting her husband...

Read more

5th Grade Girls Planned to Kill Boy Over Breakup, Make It Look Like Suicide: Police

by rmtsa
June 27, 2025
0
5th Grade Girls Planned to Kill Boy Over Breakup, Make It Look Like Suicide: Police

The girls -- all between the ages of 10 and 11 -- allegedly agreed to "just end him," with each of them given a specific role in the...

Read more
Next Post
James Cameron Interview: Avatar 3, Alien: Romulus, Terminator Zero

James Cameron Interview: Avatar 3, Alien: Romulus, Terminator Zero

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized

CATEGORIES

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized
No Result
View All Result

Recent News

  • MALCOLM IN THE MIDDLE Series Reboot Gets a New Subtitle Name LIFE’S STILL UNFAIR — GeekTyrant
  • All the Changes To Guns N’ Roses’ Setlist in 2025 (So Far)
  • 5 Things to Know About Lauren Sanchez’s Ex-Husband – Hollywood Life

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In