Tether has submitted a binding all cash proposal to Exor to acquire its entire stake in Juventus Football Club. „Subject to regulatory approvals, Tether intends to make a public offer for the remaining shares at the same price, fully funded with its own capital and supported by a long term commitment to the club.” – according to the press release.
“For me, Juventus has always been part of my life,” said Paolo Ardoino, CEO of Tether. “I grew up with this team. As a boy, I learned what commitment, resilience, and responsibility meant by watching Juventus face success and adversity with dignity. Those lessons stayed with me long after the final whistle.
Our interest in Juventus comes from deep admiration and respect. Juventus is a symbol of Italian excellence with a truly global presence, built over generations through hard work, ambition, and the unwavering loyalty of its supporters. These values mirror how we have built Tether, with patience, independence, and a focus on long term resilience.
Tether is in a position of strong financial health and intends to support Juventus with stable capital and a long horizon. Our goal is to contribute positively to the club’s future, to support sporting performance at the highest level, and to help Juventus continue to grow sustainably in a rapidly evolving global sports and media landscape.
This proposal is made with humility and a deep sense of responsibility toward the club, its supporters, and its legacy. We believe Juventus’ story is still being written, and that its next chapters can be defined by strength, continuity, and ambition.”
The proposal contemplates the acquisition of Exor’s shareholding, representing 65.4 percent of Juventus’ issued share capital. Completion of the transaction would be subject to Exor’s acceptance, the execution of definitive documentation, and receipt of required regulatory approvals. Following completion, Tether intends to proceed with a public tender offer for the remaining shares at the same price per share.
In the event that the transaction completes, Tether is prepared to invest 1 billion Euros in the support and development of the Club.
Juventus shares were worth €2.19 a piece at market close on Friday with a market capitalisation of just under €925mn. The Tether offer values the club at €1.1bn.
Italy’s Agnelli family has no intention of selling Juventus to crypto group Tether or anyone else, the CEO of their holding company said on Saturday, rejecting Tether’s shock offer for Italy’s most successful soccer club. „Juventus, our history and our values are not for sale,” said Exor CEO John Elkann
On Saturday, Exor “unanimously rejected an unsolicited proposal submitted by Tether Investments”. It added that it had “no intention of selling any of its shares in Juventus to a third party” – according to the Financial Times.
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Tether is the world’s largest issuer of stablecoins, a digital token pegged to the value of the US dollar. It has roughly $185bn outstanding of its token USDT and it largely derives income on the interest collected on US Treasuries backing the token.
Tether made $10bn in the first nine months of 2025 and expects to book around $15bn in profits for the full year. It is in the midst of raising $15-20bn at a $500bn valuation from strategic investors and is mounting an expansion in the US.
Tether is a pioneer in the field of stablecoin technology, driven by an aim to revolutionize the global financial landscape. With a mission to provide accessible and efficient financial, communication, artificial intelligence, and energy infrastructure. Tether enables greater financial inclusion, and communication resilience, fosters economic growth, and empowers individuals and businesses alike.
As the creator of the largest, most transparent, and liquid stablecoin in the industry, Tether is dedicated to building sustainable and resilient infrastructure for the benefit of underserved communities. By leveraging cutting-edge blockchain and peer-to-peer technology, the company is committed to bridging the gap between traditional financial systems and the potential of decentralized finance.
Banking 4.0 – „how was the experience for you”
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