The company Tether, which issues the USDT stablecoin, made an official offer to acquire a controlling stake in the football club Juventus for €1.1 billion, which is approximately $1.3 billion. As part of this deal, Tether also committed to providing further financial support to the club.
This is reported by Finway
Exor’s Rejection and the Agnelli Family’s Position
The holding company Exor, which owns 65.4% of Juventus shares and is managed by the Italian Agnelli family, responded to this offer with a categorical rejection. In a response letter, Exor confirmed that it has no intention of selling its stake to third parties, including Tether.
“Exor reaffirms its previous, unchanged statements that it has no intention of selling any of its shares in Juventus to third parties, including, among others, the Salvador-based company Tether.”
Exor also emphasized that the club has a centuries-old history and is a source of particular pride for the Agnelli family, which has remained a committed shareholder of Juventus for a century.
Tether’s Offer Details and Market Situation
Tether proposed a buyout of shares at a price of €2.66 each, slightly above the market value of Juventus securities at the close of trading on December 12, 2025, on Euronext Milan.
Despite Tether’s ambitious plans for development and investment in the club, Exor remained steadfast in its position. It is known that Tether already owns about 10% of Juventus shares and has previously attempted to influence the stock price and management decisions of the club, but these attempts have not been significantly successful.