Tether Investments, a subsidiary of Tether Holdings, is entering the world of football with an offer that could change the future of Juventus.
The company has in fact presented Exor's board of directors with a binding – and uncontested – proposal to purchase the entire Juventus stake held by the Agnelli family's holding company, equal to 65.4% of the share capital.
The news comes directly from an official communication from a certified Tether address, also confirmed by a post by CEO Paolo Ardoino on the X platform.
An announcement that shakes up the Italian sports and financial landscape: Tether, already holding an 11.527% stake in Juventus, is thus signaling its intention to pursue full control of the club.
The offer is priced at €2.66 per share, valuing 100% of the company at approximately €1.1 billion. This is a massive sum, which would mark one of the most sensational deals in recent European football history.
Tether emphasized that, if the acquisition were to go through, it would provide Juventus with approximately an additional €1 billion to strengthen the first team and the club's overall development. Exor promptly rejected the offer, refusing it with a firm statement: "The club is not for sale."
(Unioneonline/Fr.Me.)
