The possibility of Tether purchasing Juventus has become one of the most debated topics around the future of the Turin club’s ownership structure. IlBianconero report how the stablecoin giant, already the second-largest shareholder in the Bianconeri, appears to be taking an increasingly active role in shaping the club’s direction.
As the Juventus Shareholders’ Meeting approaches on 7 November, Tether has submitted a list of candidates for the new Board of Directors and proposed additions to the meeting agenda. Among its key aims are amendments related to the approval of the capital increase and changes to the club’s statute that would enhance the influence of minority shareholders within the board and internal committees.
Juventus, however, has urged shareholders to vote against Tether’s proposals. Still, the company’s growing involvement raises a crucial question — could Tether actually buy Juventus?
The Second-Largest Shareholder
At present, Tether is Juventus’s second-largest shareholder, holding an 11.5% stake acquired gradually over recent months. This position places it behind Exor, the controlling shareholder led by the Agnelli family, which owns 65% of the club’s shares.
Tether’s investment has fuelled speculation about a potential takeover bid or an expanded role in strategic decision-making as the club seeks stability both on and off the pitch.
CEO Ardoino Breaks Silence
Speaking at the “Plan B Forum” in Lugano, Switzerland, Tether CEO Paolo Ardoino addressed the growing rumours about the company’s ambitions regarding Juventus.
“The Juventus fan inside me would say, ‘Of course I’d love to buy the club,’” Ardoino admitted. “But we have no plans to do so, and in any case, there needs to be a seller.”
Would a Takeover Be Possible?
As Ardoino himself pointed out, any potential sale of Juventus would depend on Exor’s willingness to part with its majority holding. Without Exor’s decision to sell, no formal negotiations could take place.
If, however, Exor were to consider a sale, Tether could emerge as a serious contender given its financial power and growing interest in the football business. For now, though, its influence seems focused on increasing representation within the club’s governance rather than launching an outright acquisition.
With the shareholder meeting on the horizon, all eyes will be on how much ground Tether can gain in its bid for greater influence at one of Italy’s most historic football institutions.
