In brief
- Tether made an all-cash offer to Exor for the 65.4% of total shares it holds in Italian soccer club, Juventus.
- Tether purchased a minority stake in the club earlier this year.
- If approved, Tether said it will support the club’s growth with an investment of 1 billion Euros.
Stablecoin giant Tether is making a push to become the owner of Italian soccer club, Juventus.
The USDT issuer submitted a binding all cash proposal to acquire 65.4% of the club that is currently owned by Exor—a holding company for the Agnelli family, creators of car brand Fiat. Financial details were not disclosed.
“For me, Juventus has always been part of my life,” said Tether CEO Paolo Ardoino, in a statement. “I grew up with this team. As a boy,…
Dec 12 2025
