Tether has submitted an all-cash offer to acquire Juventus Football Club by acquiring a controlling stake in Exor.
Stablecoin issuer Tether has announced plans to fully acquire Italian football club Juventus FC. The company has submitted an all-cash binding offer for 65.4% of its shares to controlling shareholder Exor, and is preparing to launch a public offer for the remaining shares after the transaction is completed, with the goal of increasing the holding to 100% control. Tether said that if the deal is successful, it will inject 1 billion dollars into the club. CEO Paolo Ardoino stressed that as a lifel...
House of Doge, the commercial arm of the Dogecoin Foundation, has announced that it has acquired a controlling stake in Italian football club U.S. Triestina Calcio 1918. As part of the acquisition, House of Doge has appointed Toronto Blue Jays vice-chairperson Roger Rai as a member of its advisory board to assist with sports operations.
Tether, the stablecoin issuer, plans to propose its own list of board candidates and "governance reforms" for Juventus, the Italian football club in which it currently holds a 10.7 per cent stake. According to a report by Reuters on Monday, Tether's recommendations to the football club's board will be presented before the shareholders' meeting on November 7. In addition, Tether will invest about $129 million as part of Juventus' capital increase plan. Tether CEO Paolo Ardo...
Tether, the stablecoin issuer that holds more than 10 per cent of the club and is the second-largest shareholder after Exor, said it had formally asked in May to participate in a capital increase and apply for a board seat. Tether said that although the initial request was rejected, the club had proposed a new meeting date and the two sides were coordinating the timing. Tether's statement stressed its willingness to be "an active participant in the future development of Juventus" and its readine...
Tether is now Juventus's second-largest shareholder after Exor NV, the investment company of the Italian billionaire Agnelli family that has run the football club for more than a century. Tether is also seeking a seat on Juventus' board, according to a statement from Tether.
On April 24th, according to the official announcement, Tether Investments announced that the company increased its stake in Juventus Football Club S.p.A. on April 15, 2025, bringing its total shareholding ratio to more than 10.12% of the issued share capital and 6.18% of the voting rights. This strategic move follows Tether's initial acquisition of 8.2% of the club's issued share capital (with just over 5% of the voting rights). As a further demonstration of its long-term commitment, Tether is a...

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According to Tree News, Trump has appointed former college football player and Republican House nominee Bo Haines to become the executive director of the President's Digital Asset Advisory Committee (Crypto Committee).