Tether Offers €1.1bn to Buy Juventus from Agnelli Family

Tether Offers €1.1bn to Buy Juventus from Agnelli Family
Crypto Group Tether bids for Italian football Club Juventus

Tether, the crypto group, has submitted an all-cash proposal to buy Juventus from the Agnelli family for €1.1bn.


Tether's CEO, Paolo Ardoino, has expressed his enthusiasm for the potential acquisition...


Tether, a crypto group, has made an all-cash bid to acquire the Agnelli family's entire stake in Juventus, Italy's most successful football club. The proposal, worth over €1 billion, aims to take control of 65.4% of the club's share capital. Tether's CEO, Paolo Ardoino, a lifelong Juventus fan, expressed his commitment to investing in the club's future, promising stability and long-term growth.


However, the Agnelli family has firmly rejected the offer, stating they have no intention of selling their stake in Juventus. Exor, the family's holding company, has made it clear that they are not interested in entertaining Tether's proposal. The family's ties with Juventus date back to 1923, and they seem determined to maintain control.


Tether, the company behind the USDT stablecoin, has made an offer to buy the Agnelli family's 65.4% stake in Juventus. The proposal values the Italian football club at over €1 billion. Tether already holds over 10% of Juventus' shares, making it the club's second-largest shareholder.




Tether's CEO, Paolo Ardoino, has expressed his enthusiasm for the potential acquisition, citing his lifelong support for Juventus. If successful, Tether plans to invest €1 billion in the club. However, the Agnelli family has rejected the offer, stating they have no intention of selling their stake in Juventus


Juventus hasn't made any official comments regarding Tether's offer. However, Exor's CEO, John Elkann, had previously stated in November that the Agnelli family isn't planning to sell their shares in Juventus. The family has a long history with the club, dating back to 1923 when Edoardo Agnelli took the helm.


Tether's CEO, Paolo Ardoino, is an Italian national and a lifelong Juventus fan. He's leading the charge for Tether's acquisition of the club, with plans to invest €1 billion if the deal goes through.



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