**Out of Love, Tether is Willing to Pour in US$1.1 Billion to Control Juventus**
Tether, the issuer of the stablecoin USDT, has submitted a proposal to Juventus' largest shareholder, Exor, to acquire all shares of Juventus Football Club.
Not only that, Tether expressed its readiness to acquire all publicly held shares. This reflects the seriousness of the stablecoin issuer towards the largest football club.
According to Tether CEO Paolo Ardoino, Juventus is a football club that has been a part of his life since childhood. Therefore, he wants to contribute more to Juventus.
“For me, Juventus has always been a part of my life. I grew up with this team. As a boy, I learned what commitment, resilience, and responsibility mean by watching Juventus face success and difficulties with dignity,” he stated, quoting official sources.
It is known that Tether's seriousness in acquiring Juventus is intended as a long-term asset if the government or regulators allow it. This means that the company is legally pursuing full control of the football club's shares.