The Canadian rapper and musician has stepped up to aid Venezia FC, a struggling Italian soccer club, by donating a substantial sum of money to prevent its bankruptcy.
- Aug 10, 2024
AceShowbiz - Amidst recent controversies, Drake has surprised the hip-hop community with a series of unexpected releases, including 100 GB of unreleased files featuring behind-the-scenes footage, alternate album covers and new songs.
Now, the artist has made headlines again with an act of philanthropy. According to GQ Italia, Venezia FC has faced severe financial difficulties, threatening its existence. The club's owner Brad Katsuyama reached out to Matte Babel, Drake's Chief Brand Officer, for assistance.
Babel, Drake and Katsuyama worked together to secure a $40 million donation from a group of North American investors. The funds have significantly improved Venezia FC's financial standing, enabling the club to retain its Serie B status and invest in new facilities.
The investment will be channeled towards the construction of a state-of-the-art stadium and indoor arena, scheduled for completion by the 2027-2028 season. Drake's involvement has also led to a partnership between Venezia FC and his Nocta clothing line for uniform design.
Drake's generous donation has sparked reactions from music and sports fans alike. Many have praised his charitable act, while others have questioned whether it will alter their perception of him. Regardless, the donation has undoubtedly bolstered Venezia FC's future and earned Drake both admiration and respect.