News list for " Tus Football"
Tether has submitted an all-cash offer to acquire Juventus Football Club by acquiring a controlling stake in Exor.
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...
