Juventus has turned down Tether’s offer to acquire the full shareholding in the Turin football club from Exor, Juventus’ principal stakeholder. According to reports, the Agnelli family, which controls Juventus, has stated that it does not intend to sell its majority stake in the club. Tether announced on Friday evening that they had tabled a “binding all-cash proposal” to purchase Exor’s shares in the club. Exor is the holding company owned and controlled by the Agnelli family, who have owned Juventus since 1923. However, the Agnelli family has sternly rejected the proposal, stating that it is not willing to reduce its ownership to Tether or any other party, as the asset is not for sale. Tether sets a proposal to acquire Exor’s holdings Tether’s proposal is aimed at acquiring Exor’s holding, which accounts for about 65.4% of Juventus’ outstanding shares. Subject to regulatory approvals and acceptance by the seller, Tether stated that it would launch a public tender offer for the remaining shares at the same price. JUST IN: Tether has submitted an all-cash offer to acquire Juventus by buying Exor’s controlling stake. pic.twitter.com/PmjjtiL1c6 — Cryptopolitan (@CPOfficialtx) December 13, 2025 The offer is priced at €2.66 per share, valuing 100% of the company at approximately €1.1 billion. This is a massive sum, which would have marked one of the most sensational deals in recent European football history. Additionally, Tether stated that, if the acquisition were to proceed, it would provide Juventus with approximately an additional €1 billion to strengthen the first team and support the club’s overall development. “ Tether is in a position of strong financial health and intends to support Juventus with stable capital and a long horizon,” CEO Paolo Ardoino said Tether has pushed aggressively into new sectors over the past year. It has invested in artificial intelligence, robotics and health-tech ventures. However, its move into football has been gradual. So far, Tether has acquired an 11.5% stake in Juventus, making it the club’s second-largest shareholder. Both Tether and the Agnelli family’s investment company have shown commitment to the club. In November, they participated in a €97.8 million capital increase aimed at reducing debt and supporting the club’s strategic plan. Tether has gained influence inside the club. In October, the crypto giant nominated Deputy Investment Chief Zachary Lyons and Francesco Garino to Juventus’s board, and shareholders approved Garino’s appointment last month. Meanwhile, Juventus is valued at roughly €944 million ($1.1 billion). It saw its share price rise 2.3% after Tether’s interest to €2.23 ($2.62). Tether surges 50% amidst scrutiny over money laundering Analysts say that Tether will make almost $15 billion this year. Matt Hougan, the chief investment officer at Bitwise, has said that Tether might become the most profitable corporation in the world, possibly even more so than Saudi Aramco. It’s the world’s third-largest digital asset with a market cap of $183.8 billion, up 50% compared to this time last year. Tether maintains strong cash reserves. However, recent reports suggest that the company may seek $20 billion in new capital for a 3% stake in ownership. The firm has simultaneously expanded its precious metals holdings, with its gold reserves now exceeding $12 billion. Meanwhile, Tether remains under scrutiny over its role in the global crypto system. The International Consortium of Investigative Journalists said that investigations have linked a lot of USDT transactions to wallets that US authorities later found to be tied to money laundering. Sharpen your strategy with mentorship + daily ideas - 30 days free access to our trading program
