Juventus owner rejects acquisition offer from Tether

Juventus owner Exor N.V. officially rejected Tether Investments' proposal to acquire its 65.4% controlling stake in Juventus Football Club, a decision made unanimously by Exor's board less than 24 hours after the offer was submitted. Exor and the Agnelli family reaffirmed their long-standing commitment to retaining ownership, citing a century-long family history with the club. Exor CEO John Elkann emphasized that Juventus's history and values are not for sale, reiterating support for the current management to achieve strong results. Tether, which recently acquired a board seat, had sought control to revitalize the financially struggling club.

(Source：Crypto Briefing)