Tether has submitted a binding all-cash proposal to Exor to acquire its entire stake in Juventus, the company said on 12 December.
Subject to regulatory approvals, Tether said it intends to launch a public offer for the remaining Juventus shares at the same price as the Exor transaction. The proposed acquisition would be fully funded using Tether’s own capital, with the company stating it plans to make a long-term commitment to the club.
Juventus is one of Europe’s most successful football teams and a central figure in Italian sporting culture, with a global fan base built over decades of domestic and international competition.
Paolo Ardoino, chief executive of Tether, said the bid reflects both personal and strategic interest in the club. He said Juventus represents values of resilience, discipline and ambition, adding that the club has played a formative role in Italian sporting identity.
Tether said it views Juventus as more than a commercial asset and believes the club’s global profile aligns with its own international presence. The company did not disclose the financial terms of the offer or a timeline for completion, noting that the transaction remains subject to regulatory review.
Exor, the holding company controlled by the Agnelli family, is Juventus’ largest shareholder and has overseen the club’s ownership for decades. The proposal marks a potential shift in ownership for the Serie A side at a time when football clubs across Europe are attracting interest from non-traditional investors.
If completed, the deal would represent one of the most high-profile moves by a crypto-linked company into top-tier European football.
