The post Exor Rejects Tether’s $1 Billion Proposal to Acquire Juventus appeared on BitcoinEthereumNews.com.

Tether’s proposed acquisition of Juventus has been firmly rejected by majority owner Exor, which values the club’s historic legacy over the $1.17 billion offer. Exor CEO John Elkann emphasized that Juventus’s history and principles remain unsellable, preserving family control after over a century of ownership. Exor’s unanimous board decision rejects Tether’s unsolicited bid for full control of the Italian soccer club. The proposal involved an all-cash offer of 2.66 euros per share, valuing Juventus at over 1 billion euros. Despite Tether’s growing stake and board influence, Exor reaffirms its long-term commitment to the club’s strategic growth. Discover how Exor rejected Tether’s $1.17B Juventus acquisition bid, upholding family values. Explore implications for crypto in sports. Stay updated on crypto news at Coinotag. What is Tether’s Proposal to Acquire Juventus? Tether’s Juventus acquisition proposal represents a bold move by the stablecoin issuer to gain full control of the renowned Italian football club. Submitted as a binding all-cash offer, it targeted Exor’s 65.4% controlling stake at 2.66 euros per share, with plans for a public tender for remaining shares at the same price. This would value the club at approximately 1.05 billion euros, surpassing its recent market capitalization of 944.49 million euros. Why Did Exor Reject Tether’s Bid? Exor, the Agnelli family-controlled holding company that has stewarded Juventus for 102 years, unanimously dismissed the unsolicited proposal from Tether, based in El Salvador. The rejection underscores a commitment to preserving the club’s storied heritage and operational independence. In a statement, Exor highlighted its unwavering dedication to Juventus, supporting the new management in achieving excellence both competitively and financially. CEO John Elkann reinforced this stance in a video message, stating, “Juventus has been a part of my family for 102 years. Our history and our values are not for sale.” This decision aligns with prior…

---

Filed under: News - @ December 15, 2025 1:26 am