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Juventus Rejects Tether’s Billion-Euro Takeover Bid

Juventus Rejects Tether’s Billion-Euro Takeover Bid

Author:

Global Cryptocurrency

Published:

2025-12-13 13:55:01

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BTCCSquare news:

Juventus Football Club has firmly rebuffed a €1.1 billion acquisition offer from Tether, the stablecoin issuer. The Agnelli family, through holding company Exor, declined to sell its 65.4% controlling stake in the Turin-based football institution. Tether's all-cash proposal, priced at €2.66 per share, would have marked one of the most significant crossovers between cryptocurrency and traditional sports ownership.

The rejection underscores the Agnelli dynasty's commitment to maintaining control of the club it has owned since 1923. Market observers note the bid's failure highlights lingering institutional skepticism toward crypto firms acquiring legacy assets, despite their growing financial firepower.

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