In a post shared by **Reuters**, it was revealed that Canadian rapper Drake has played a pivotal role in securing a massive minority investment for the newly promoted Serie A side, Venezia. The 100-million-euro (approximately $117 million) deal, led by sports mogul Tim Leiweke, was reportedly made possible through Drake’s existing relationship with the club and his influence within the global sports-investment circle.
**CTV News** confirmed the development, noting that Leiweke has been appointed as the co-chairman of the club’s operating committee. They quoted Leiweke as saying, “We will be relentless in our pursuit of excellence… to enhance the legacy of this storied club.” **The Associated Press** also covered the business move, highlighting Drake’s “growing portfolio in European soccer” and his role as a brand ambassador who brings “cultural capital” to traditional sports organizations.
**Echotitbits take:**
Drake is evolving from a mere celebrity fan to a serious sports financier. By leveraging his brand to save and elevate a historic Italian club like Venezia, he is following the blueprint set by Jay-Z’s Roc Nation Sports but with a focus on ownership and venture capital. This move likely secures Venezia as the “coolest” club in soccer, blending high-fashion kits with North American investment.
Source: [CTV News] — [https://www.ctvnews.ca/entertainment/article/canadian-rapper-drake-helps-italian-soccer-club-venezia-secure-investment/], [May 7, 2026]
Photo Credit: [CTV News]
