Home > World > Crypto giant Tether to propose candidates for Juventus board

Crypto giant Tether to propose candidates for Juventus board

Written By: TDG Syndication
Last Updated: October 6, 2025 22:16:03 IST

MILAN, Oct 6 (Reuters) – Tether plans to file its own list of candidates for the board of Italian soccer club Juventus at an annual shareholder meeting next month, the crypto giant said on Monday in e-mailed responses to questions from Reuters. Tether built a 10.7% stake in Turin-based Juventus during this year, becoming the club's second shareholder after the Agnelli family's investment company Exor, which owns 65% of the club. Investors at Milan-listed Juventus will vote upon the company's board renewal at the club's annual shareholder meeting on November 7. Tether also said it intended to put forward some "governance changes" at the meeting, without elaborating. The crypto firm added it planned to contribute to a capital increase worth up to 110 million euros ($129 million) which the board of loss-making Juventus proposed last month. Exor has already paid nearly 30 million euros for that capital increase. ($1 = 0.8544 euros) (Reporting by Elvira Pollina and Giulio Piovaccari, editing by Alvise Armellini)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Latest News

The Daily Guardian is India’s fastest
growing News channel and enjoy highest
viewership and highest time spent amongst
educated urban Indians.

Follow Us

© Copyright ITV Network Ltd 2025. All right reserved.

The Daily Guardian is India’s fastest growing News channel and enjoy highest viewership and highest time spent amongst educated urban Indians.

© Copyright ITV Network Ltd 2025. All right reserved.