Definition of The Old Lady

What is the definition of the term "Old Lady"? What does the term "Old Lady" mean as it applies to the world of football?

The "Old Lady" is one of the nicknames given to Juventus F.C. by it's fans and it dates back to the 1930s. Back then, the majority of Juventus star players were from the older generation, and out of sympathy for the club, the fans gave them a new nickname. The word "old" is a pun on Juventus, which in Latin means "youth", and "lady" is how the fans called the club prior to the 1930s.

Juventus is the third oldest football club in Italy and historically the most successful.