The 'lady' part of the nickname goes back to the early part of the 20th century. Juventus fans (mostly men) referred to the club as female, with some sections of the supporter base calling it la Fidanzata d'Italia (the Girlfriend of Italy). As for 'old', this seems to be a pun; 'Juventus' stems from 'youth' in Latin.

Hellas Verona Football Club, commonly referred to as Hellas Verona or simply Verona, is an Italian professional football club based in Verona, Veneto, that currently plays in Serie A. The team won the Serie A Championship in the 1984 85 season. Hellas Verona Football Club S.p.A.