• Tether made a €1.1 billion all-cash bid for management of Juventus, providing a 21% premium and pledging an additional €1 billion in funding.
  • Exor and the Agnelli household unanimously rejected the proposal, insisting the membership will not be on the market.
  • The standoff comes as Juventus faces extended sporting and monetary struggles regardless of its historic standing.

Tether’s tried takeover of Juventus has been dismissed by the Agnelli household, organising a high-profile conflict between a quickly increasing crypto enterprise and one in all Italy’s most established industrial lineages.

The crypto agency submitted an all-cash proposal to the household’s holding firm, Exor, searching for to accumulate its 65.4% controlling stake in Juventus at a worth of €2.66 (AU$4.70) per share, valuing the membership at round €1.1 billion (AU$1.94). Based on experiences, the provide represented a premium of roughly 21% over Juventus’ market worth on the shut of buying and selling on Friday.

Tether additionally pledged an extra €1 billion (AU$1.77) in future funding and indicated that it will pursue a public tender provide for the remaining shares on the similar valuation if the deal proceeded.

Exor rejected the bid unanimously, stating that it had no intention of promoting Juventus to Tether or to some other potential purchaser.

Exor chief govt John Elkann underlined the household’s attachment to the membership, stating: “Juventus, our historical past and our values are usually not on the market,” whereas reaffirming long-term help for the group and its administration.

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Mounting Sporting Challenges

Juventus has endured a chronic interval of problem in latest seasons, failing to recapture the dominance of its 9 consecutive Serie A titles that concluded in 2020 and at present sitting seventh within the league desk. 

The membership’s monetary place has weakened, posting no annual web revenue for nearly a decade and its share worth has gone down 27% up to now this 12 months. These pressures have been compounded by off-field setbacks, together with a 10-point deduction imposed in 2023 following an investigation into the accounting therapy of participant transfers.

Tether has steadily constructed its presence at Juventus, accumulating greater than a ten% stake throughout 2025 and changing into the membership’s second-largest shareholder behind Exor.

Based in 2014, Tether points the USDT stablecoin and reported earnings exceeding US$10 billion (AU$15.4 billion) within the first 9 months of 2025, supported by reserves of roughly US$181 billion (AU$279 billion). 

Regardless of the monetary scale of Tether’s proposal, Exor’s response alerts that Juventus stays a cultural and symbolic asset for the Agnelli household, outweighing the rapid enchantment of a premium money provide.

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The publish Crypto vs Dynasty: Tether’s €1.1B Juventus Bid Sparks Showdown With the Agnellis appeared first on Crypto News Australia.