Italian club Venezia has secured a significant minority investment backed in part by Canadian rapper Drake, strengthening the Serie A side’s long term ambitions after their recent promotion.
The newly promoted club returned to Italy’s top flight after a 2-2 draw against Spezia confirmed their rise from Serie B with one game to spare.
According to the club, Drake played a key role in attracting major sports industry figures to the investment group, including Tim Leiweke and Francesca Bodie.
The investment package is reportedly worth around 100 million euros, marking one of the most significant financial boosts in Venezia’s modern history.
Leiweke, a well known sports executive with experience across major North American franchises, has been appointed co chairman of Venezia’s operating committee.
Bodie, his daughter, has been named club president as part of the new leadership structure.
Leiweke expressed confidence in the project and outlined ambitions to build a strong sporting culture in Venice.
“Venezia is an iconic team with a century old history in the world’s most beautiful city,” he said.
“We will be relentless in our pursuit of excellence and victories to enhance the legacy of this storied club.”
He also highlighted plans to develop a winning culture and improve fan experience as part of the long term strategy.
Drake became an investor in Venezia in 2024 and has continued to expand his involvement in sports ownership and investment ventures.
The club’s promotion to Serie A comes after just one season in the second tier, adding further momentum to their growing project both on and off the pitch.
