Tether, Juventus and Agnellis
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The Agnelli family has no intention of selling Juventus to crypto group Tether or anyone else, the family's holding company Exor said on Saturday, rejecting Tether's shock offer for Italy's most successful soccer club.
Friday brought the news that one of Juventus’ biggest shareholders not named Exor was going to try and takes its biggest swing yet: become majority owner of Italy’s most historic club. Paolo Ardoino and stablecoin giant Tether announced they submitted a big to Exor,
Juventus chief John Elkann explains ‘our history and values are not for sale’ after parent company Exor rejected a takeover bid from Tether.While Tether are already minority shareholders,
Tether has submitted a bid to acquire Juventus Football Club, aiming to reshape football ownership through crypto-backed capital.
The crypto firm’s all-cash proposal to buy Exor NV’s 65.4% holding for €2.66 a share values Juventus at about $1.3 billion