- Juventus Football Club Spa
- 15 December 2025 11:05:45
Source: Sharecast
Exor, which is controlled by Italy's Agnelli family, said that its board had "unanimously rejected" the unsolicited proposal from the investment arm of crypto firm Tether for its 65.4% stake in the club. It has controlled Juventus since 1923.
Tether, which already has a 11.5% holding, announced last week that it wanted to take over the club by purchasing Exor's stake for €2.66 a share before snapping up the remaining shares, valuing the company at €1.1bn.
"Exor reaffirms its previous, consistent statements that it has no intention of selling any of its shares in Juventus to a third party, including but not restricted to El Salvador-based Tether," Exor said in a statement on Saturday.
"Juventus is a storied and successful club, of which Exor and the Agnelli family are the stable and proud shareholders for over a century, and they remain fully committed to the Club, supporting its new management team in the execution of a clear strategy to deliver strong results both on and off the field."
Juventus's stock was up 12.2% at €2.46 by 1103 GMT.