Tether makes binding offer to buy Juventus majority stake
Tether has submitted a binding offer to acquire 65.4% of the shares of Italian football giant Juventus, held by the Exor NV holding company, owned by the Agnelli family. Although Exor has repeatedly stated it does not intend to sell the club, Tether’s offer, backed by promises of substantial investment, is enhancing Paolo Ardoino’s reputation among Roman fans.
On December 12, Tether formally filed a binding proposal with Exor to purchase its entire stake in Juventus for cash. Subject to the main owner’s agreement and obtaining the necessary regulatory approvals, Tether has committed to buying the remaining shares from other shareholders at the same price offered to Exor, representing a highly generous offer for minority investors.
Paolo Ardoino, Tether’s CEO, frames the proposal beyond mere business interests, stating that his “interest in Juventus comes from deep admiration and respect for a club that symbolizes Italian excellence with a truly global presence, built over generations through hard work, ambition, and unwavering fan dedication.”
“For me, Juventus has always been part of my life… I grew up with this team. As a child, I learned the meaning of loyalty, resilience, and responsibility by watching Juventus meet both successes and challenges with dignity. These lessons stayed with me long after the final whistle,” Ardoino said in a Tether statement.
An offer that is difficult to refuse
If the deal is completed, Tether is ready to invest €1 billion to support and develop the club—a welcome injection for a team facing financial challenges.
Especially considering the past two seasons, excluding the current one, have been disappointing. In 2023–2024, Juventus missed the Champions League for the first time in years, and in the following season, they reached only the Round of 16.
In the 2025–2026 season, the club is fighting to advance from the Champions League group stage but is not considered a favorite, while in Serie A, Juventus currently sits in 7th place, behind several less renowned teams.
As we wrote, Tether blocked from €110M Juventus funding round despite stake
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