- Tether has proposed acquiring 65.4% of the Italian football club Juventus from Exor.
- The offer includes a public bid for all remaining shares at the same price, fully funded by Tether with a long-term commitment.
- The acquisition depends on Exor’s acceptance, official agreements, and regulatory approvals.
- Tether intends to invest approximately $1.1 billion to support and develop Juventus if the deal completes.
- Juventus was last valued by Forbes at around $2.15 billion, with a market cap near $1.17 billion in 2025 amid recent sporting challenges.
Tether, the issuer of the USDT stablecoin, has submitted a proposal to purchase the Italian Serie A soccer club Juventus. The company aims to acquire Exor’s 65.4% stake in Juventus and plans to make a public offer for the remaining shares at the same price. The transaction would be entirely funded by Tether’s own capital.
Completion of the deal is contingent on Exor accepting the offer within a 10-day window, signing definitive agreements, and obtaining the necessary regulatory approvals. The initial response from Exor regarding the possibility of selling Juventus has been uncertain.
Tether’s Chief Executive Officer, Paolo Ardoino, stated, “For me, Juventus has always been part of my life. 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.”
Several European soccer clubs, including Juventus, have engaged with the cryptocurrency and NFT industries to enhance fan experiences. A major crypto firm’s interest in owning Juventus follows this trend. If the acquisition is finalized, Tether plans to invest around €1 billion, roughly $1.1 billion, toward the club’s support and development.
As of May 2024, Forbes valued Juventus at over $2.15 billion. The club’s publicly traded stock market capitalization stood near $1.17 billion in 2025. Juventus has faced managerial upheaval and a decline in sporting success in recent years, with the last trophy won in 2024.
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