Tether Makes €1 Billion All-Cash Bid to Acquire Juventus FC
6.3 Investments Tether has made a binding all-cash offer to acquire Juventus FC, including a €1 billion investment plan, aiming for full ownership and long-term support, pending regulatory approval and Exor’s acceptance.
Tether has submitted a binding all-cash proposal to acquire Exor’s entire 65.4% stake in Juventus Football Club, with plans to launch a public offer for the remaining shares at the same price, fully funded by its own capital. The proposal, subject to regulatory approvals and Exor’s acceptance, includes a commitment to invest €1 billion in the club’s development, aiming to support sporting performance, infrastructure upgrades, and sustainable growth. Tether’s leadership emphasized a deep personal and cultural connection to Juventus, describing the club as a symbol of Italian excellence and global influence. The move marks a significant crossover between the cryptocurrency sector and professional sports, with Tether highlighting its strong financial position and long-term investment philosophy. If successful, this acquisition would represent one of the most ambitious crypto-driven entries into sports ownership, with potential benefits for Juventus including immediate capital infusion and possible integration of blockchain technology for fan engagement and operations.
