In a surprising turn of events, Juventus has publicly dismissed recent speculation surrounding an attempted takeover, stating that the reports have been 'unanimously rejected.' The controversy stems from Tether's ongoing involvement with the club, which began in February 2025 when the cryptocurrency company acquired a minority stake in the famous Turin team. By April of that year, Tether had increased its holdings to 10.12 percent of Juventus' shares, alongside more than 6.18 percent of the voting rights. This expanding influence became even more apparent in November when Paolo Garino, a representative from Tether, was appointed to the Juventus board during the club’s annual general meeting.
But here's where it gets controversial: many viewed this board appointment as a clear indication of Tether's long-term ambitions regarding Juventus. On Friday evening, Tether made waves by confirming that it had put forth a binding all-cash offer to Exor—the holding company that currently owns a significant portion of Juventus shares. In their statement, Tether outlined their proposal, emphasizing their intent to acquire Exor's entire stake in the club. They mentioned that, pending regulatory approvals, Tether plans to extend a public offer for the remaining shares at the same price, fully financed through their own resources.
Tether's announcement reflects a profound belief in Juventus, portraying the football club as more than just a sports entity. According to their statement, "For generations, Juventus has embodied values such as discipline, ambition, and the quiet strength of those who rebuild and move forward season after season." They stressed that Juventus has not only shaped Italian sports culture but has also cultivated a loyal fanbase around the globe. Tether expressed that their interest in the club is rooted in deep admiration, viewing Juventus as a symbol of Italian excellence developed through years of hard work and dedication.
Moreover, Tether claims to be in a robust financial position, aiming to provide Juventus with stable capital and a long-term vision. Their mission is to support the club’s future success, enhance its competitive performance, and foster sustainable growth within the ever-changing landscape of global sports and media. Tether's proposal carries a tone of humility and a strong sense of responsibility to the club, its supporters, and its storied legacy.
They believe that Juventus has an exciting story still unfolding, one that can be characterized by resilience, continuity, and ambition. The acquisition plan involves purchasing Exor's shares, which represent 65.4 percent of Juventus’ issued share capital. However, for the deal to proceed, it must receive Exor's approval, finalize necessary documentation, and achieve required regulatory clearances. Once finalized, Tether intends to launch a public tender offer for any remaining shares at the same price. Furthermore, should this transaction be completed, Tether is committed to investing a substantial sum of 1 billion Euros into the club’s development and support.
Tether operates under a long-term investment strategy, backed by a solid financial foundation, with the goal of nurturing resilient and globally impactful institutions. They have pledged to keep stakeholders informed with further updates in compliance with applicable laws and regulations. Given the stakes involved, this situation raises questions about the future dynamics of ownership and direction at Juventus. What are your thoughts on Tether’s ambitious proposal? Do you think this could lead to positive changes for the club or might it pose challenges? Feel free to share your opinions in the comments!
