🇮🇹 The Tether proposal to purchase the football club "Juventus" for ~€1.1 billion ($1.3 billion) was rejected.

The Exor holding, owned by the Agnelli family and holding a controlling stake (65.4 %), unanimously refused to sell its shares, emphasizing that it has no intention of selling the club to third parties — particularly Tether.

💶 Tether offered €2.66 per share — about a 21 % premium over the market price, and also promised an investment of €1 billion in the club's development after the deal was completed, but this did not convince the owner.

📍 Exor emphasized its long-term commitment to the club and lack of desire to sell it — even with a large offer.

#Juventus