Exor N.V. has unanimously rejected an unsolicited proposal from Tether Investments, S.A. de C.V. to acquire all of Exor’s shares in Juventus Football Club S.p.A., reaffirming its long-standing commitment to the Italian football giant.
In a statement, Exor said its Board of Directors reviewed and dismissed the offer, emphasizing that the company has no intention of selling any of its Juventus shares to a third party.
The holding company also reiterated that this position applies to all potential buyers, including El Salvador-based Tether, the issuer of the world’s largest stablecoin, USDT.
Exor, controlled by the Agnelli family, has been the majority shareholder of Juventus for more than a century and described itself as a “stable and proud” owner of the club.
The company stressed that Juventus remains a core asset within its portfolio and that it continues to fully support the club’s long-term vision.
“Juventus is a storied and successful club,” Exor said, adding that it remains committed to backing the club’s new management team as it executes a strategy aimed at delivering strong results both on and off the pitch. That strategy includes improving sporting performance, strengthening financial discipline, and rebuilding trust with fans following recent challenges.
Tether’s approach comes amid its broader push into sports, media, and technology investments, as the stablecoin issuer seeks to diversify beyond digital assets.
However, Exor made clear that such interest would not alter its stance on Juventus’ ownership structure.
Juventus, one of Italy’s most decorated football clubs, has undergone a period of transition in recent years, including management changes and financial restructuring.
Exor’s reaffirmation of support is likely to be welcomed by supporters seeking stability and continuity at the club.
The rejection underscores Exor’s intent to remain a long-term steward of Juventus, signaling that any speculation around a sale of its controlling stake is unfounded for the foreseeable future. For now, the Agnelli family’s century-long association with the Turin-based club remains firmly intact.