Not only is the world’s largest Stablecoin issuer, Tether also owns over 10% of Juventus Football Club and is now seeking to play a more active role in the operation of Italian football powerhouses.
Tether requirements Participate in the club’s recent capital growth According to an email statement from the Stablecoin issuer and won a board seat in May.
“Although these requests were not made at the time, a new meeting date has been proposed since then, and we are currently coordinating with stakeholders to confirm availability or suggest alternatives if needed,” Tether said.
Juventus won the desirable Serie A title nine times in a row between 2011 and 2020 throughout the 2010s, but has been in rebuild mode for every five of the five seasons since their last title.
Tie the rope Increased its shares In Bianconeri (“White and Black”) In April, 8.2% of clubs were purchased in February. Now it is Juventus’ second largest shareholder. Exor, holding company Agnelli family owns 65%.
“Our intention is to be a supportive and dedicated partner for the club’s future,” Teser said. “We recognize that building a highly competitive team requires a significant investment and we are ready to contribute meaningfully to this effort.”
The message requested by Tether was Reported by Bloomberg Wednesday.
