Juventus Is Not for Sale: Exor Rejects Tether’s Bid

Exor, the major shareholder of Italian football giant Juventus, has unanimously rejected Tether’s all-cash acquisition offer. The board clearly stated that there is “no intention to sell Juventus shares to any third party,” explicitly mentioning Tether, headquartered in El Salvador.

Tether had planned to invest an additional $1 billion into the club’s development if the deal went through. At present, Tether owns 11.53% of Juventus shares, making it the second-largest shareholder.

The message from the Agnelli family is unmistakable: Juventus is not for sale.

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