Tether, the company best known for its popular stablecoin USDT, has made a bold attempt to acquire the renowned Italian soccer club Juventus; however, this proposal has been firmly rejected by Exor, the majority shareholder of the club. Exor, which is controlled by the Agnelli family, holds a significant stake in Juventus and has decided not to entertain Tether’s offer, opting to maintain its current ownership and management structure for the time being. This decision highlights the complexities and competitive nature of sports club ownership in Europe, as well as the challenges facing cryptocurrency companies looking to expand their influence in traditional sectors like professional sports.
source: https://www.coindesk.com/coindesk-news/2025/12/13/tether-s-bid-to-buy-italian-soccer-club-juventus-rejected-by-majority-shareholder-exor