Tether has made a formal €1.1B bid to buy a controlling stake in Juventus by acquiring Exor’s 65.4% share.
The plan includes a public tender for the remaining shares at the same price. Paolo Ardoino says Tether is ready to invest another €1B into the club for upgrades and global growth.
Exor has shown no interest so far and sources say Juventus is not for sale, with the offer expiring on December 22.
