The company Tether, known as the issuer of the USDT stablecoin, made an offer to acquire a controlling stake in the football club Juventus for €1.1 billion (equivalent to $1.3 billion). However, the club’s owner, the holding company Exor, owned by the Italian Agnelli family, rejected this offer.
This is reported by Business • Media
Terms of the Offer and Exor’s Reaction
Tether made an official offer to buy 65.4% of Juventus shares — the exact portion owned by Exor. The company’s proposal included a price of €2.66 per share, which exceeded the market value of the shares at the end of the trading session on Friday, December 12, 2025.
In addition to the financial aspect, Tether also expressed its willingness to further invest in the development of the football club, strengthening its position at both European and global levels.
Exor’s Decision and Shareholders’ Position
“Exor confirms 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.”
In its official statement, Exor also emphasized that the Juventus club has a rich history and a century-long connection with the Agnelli family, which remains committed to the team. Under these circumstances, the sale of shares to third parties is not even considered.
It is worth noting that Tether currently owns about 10% of Juventus shares. In recent years, the company has repeatedly attempted to influence the stock price of the club and participate in its management; however, these attempts have not yielded significant results.