DRAKE SAVES ITALIAN SOCCER TEAM FROM BANKRUPTCY WITH $40M FUNDRAISING HELP

DRAKE SAVES ITALIAN SOCCER TEAM FROM BANKRUPTCY WITH $40M FUNDRAISING HELP

Drake has taken a lead role in helping a venerable Venice soccer team stay alive.

According to an article in GQ Italia (spotted in turn by Billboard), the 6 God received notice that the nearly 120-year-old Venezia club needed 10 million Euros ($10.9 million) immediately, and then another 30 million Euros ($32.7 million) soon afterwards, in order to stay out of bankruptcy.


So Drizzy sprung into action, according to the star's chief business officer Matte Babel.

"Venice is an incredible city and Venezia has always been a special club," he said. "I spoke to Drake, then Brad [Katsuyama, co-owner of Venezia] 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."

AD
AD LOADING...

The money reportedly came from "a group of North American investors." It is unclear how much of the money was Drake's directly, though he and his team were reportedly responsible for "mobilizing" the fundraising.

In addition to the investment, ties between Venezia and Drake deepened via the superstar's Nike sub-label NOCTA, which is now the team's "official technical partner."



In addition to spearheading new investments, Drake has recently been busy releasing new music.

On Saturday (August 10), three new Drizzy tracks - "It's Up" with Young Thug and 21 Savage; "Blue Green Red" and the Latto collaboration "Housekeeping Knows" - appeared on major streaming services.

AD
AD LOADING...

All three songs were originally shared last week as part of Drake's massive "100 Gigs for Your Headtop" dump of songs, behind-the-scenes footage, unreleased music, early drafts of album covers, and much more.

The material is still available as of this writing.

Drake Associate Chubbs Seemingly Shades LeBron James After Olympics Victory
RELATED NEWS

DRAKE ASSOCIATE CHUBBS SEEMINGLY SHADES LEBRON JAMES AFTER OLYMPICS VICTORY
AUGUST 12, 2024

Released via a website named 100gigs.org and advertised with a new Instagram page at the handle @plottttwistttttt, Drizzy unloaded the 100 gigs of files to the interwebs on Tuesday (August 6).

There is BTS footage from the studio, the making of the "Hotline Bling" video and more, as well as a 16-page "exterior concept pack" for his plane.

AD
AD LOADING...

HipHopDX's Andy Bustard rounded up all the highlights from the files.

They include footage of Drake revealing that "Hotline Bling" was inspired by a woman he was sleeping with and that he was contemplating putting Future on the song; Drizzy telling his mom Sandra Graham that "Too Good" featuring Rihanna was about his and Serena Williams' past fling; and Drake playing an earlier version of "U With Me" featuring a different beat and lyrics, including a jab at The Weeknd ("OVO, there's no need to tack on no extra letters.")


Share on Facebook  Share on Facebook


Comments
BOSSENT DJ'S
Live
Click To See More Photos

Mobile Apps


    More Blogs

    Other Headlines


    Receive News Updates
      
      Daily Vibe Breaking News
     

    Become A Fan
    RSS Logo Facebook Logo Twitter Logo Youtube Logo


    Sponsors
    Download the BV mobile app

    Best VPN Service