A spokesperson for the Agnelli family, owners of the Italian club Juventus, denied any intention to sell shares in the club. This statement came in response to reports circulating on social media that the CEO of cryptocurrency giant Tether, which owns 11.5% of Juventus shares, had offered to buy the family's stake and invest one billion euros in the club. "Our goal from the beginning has been to support the team and restore it to its former glory and the position it deserves. And as part of our commitment, if the deal goes through, the company will invest one billion euros in the club," the statement said. In details, Paolo Arduino, CEO of the cryptocurrency company, wrote a tweet on his official account on the X platform: "Today the company sent a formal offer to the owners of Juventus to purchase all of their shares in the club."
Agnelli family denies intent to sell Juventus shares
Agnelli family spokesperson denies rumors of selling Juventus shares to Tether. The crypto company's CEO had previously offered to buy the family's stake and invest €1 billion in the club.