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Crypto group Tether submits offer to buy Italian soccer club Juventus
Crypto group Tether said on Friday it has submitted an all-cash proposal to the holding company of the Agnelli family to buy its entire stake in Italy's most historically successful soccer club Juventus. Tether, the issuer of a U.S. dollar-referenced stablecoin dubbed USDT, has already built a stake of more than 10 per cent in the club this year, becoming its second-largest shareholder after the Agnelli family's holding company Exor. Its proposal contemplates the acquisition of Exor's shareholding in Juventus, representing 65.4 per cent of the total share capital, Tether said in a press release without disclosing the ... (full story)
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