Tether presents a binding offer to acquire control of Juventus

Source: CritpoTendencia Original Title: Tether submits binding offer to acquire control of Juventus Original Link: Tether, the company behind the stablecoin USDT, has submitted a binding and all-cash proposal to Exor to acquire its majority stake in Juventus Football Club, representing 65.4% of the issued share capital.

The deal is subject to regulatory approvals, and if finalized, Tether will launch a public offer for the remaining shares at the same price, fully financed with its own capital.

This initiative marks an uncommon strategic move in the crypto sector: direct and long-term entry into one of Europe’s most iconic football clubs, with a vision that goes beyond sports.

A bet that goes beyond football

According to the company, the proposal reflects the belief that Juventus is much more than just a football club. Founded on values such as discipline, ambition, and resilience, the institution has been a cornerstone of Italian sports identity for generations and a global brand with millions of followers worldwide.

Paolo Ardoino, CEO of Tether, emphasized the personal nature of the operation: “For me, Juventus has always been part of my life. I grew up watching this team and learned, from a young age, values like commitment and responsibility, even in times of adversity.”

Stable capital and long-term vision

Tether stated that it is in a solid financial position, with a robust balance sheet that allows it to support the operation without external financing. If the transaction is completed, the company is prepared to invest an additional €1,000 million in supporting and developing the club.

The stated goal is to contribute to top-level sporting performance and support the sustainable growth of Juventus in a context marked by transformation in the sports business, media, and global content distribution.

Details of the deal and next steps

The acquisition of Exor’s stake is conditional on its formal acceptance, signing of the definitive documentation, and approval by the relevant regulators. Once this stage is complete, Tether will proceed with a public takeover bid for the remaining shares, maintaining the same price per share.

The company emphasized that the process is carried out with humility and a deep sense of responsibility towards the club’s history, its fans, and its institutional legacy.

Tether and its expansion beyond stablecoins

Known worldwide for USDT, the largest and most liquid stablecoin on the market, Tether has been expanding its reach into financial infrastructure, communications, artificial intelligence, and energy. The potential acquisition of Juventus fits within its long-term investment philosophy and its goal of building resilient global institutions.

According to the company, this move reinforces its ambition to bridge the traditional financial system and the new structures driven by blockchain technology.