# Agnelli Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Agnelli", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Tether's Acquisition of Juventus: The European Class Struggle Behind It

Tether, the world's largest stablecoin issuer, has made a cash offer to acquire a controlling 65.4% stake in the historic Italian football club Juventus from the Exor Group, controlled by the Agnelli family. The offer, representing a 20.74% premium, was swiftly rejected. Tether's CEO, Italian-born Paolo Ardoino, a lifelong Juventus supporter, sees this as an attempt to save his childhood club, which is mired in financial crisis following years of losses and a major accounting scandal. However, the old-money Agnelli family, which has owned the club for over a century, views the offer from the crypto giant with suspicion and as a threat to its legacy and traditional industrial prestige. The clash represents a broader cultural and economic conflict between established European "old money" and the emerging wealth of the "new money" crypto industry. Despite the club's financial struggles, Exor has so far refused to sell, prioritizing heritage and control over a significant capital injection.

比推12/15 15:25

Tether's Acquisition of Juventus: The European Class Struggle Behind It

比推12/15 15:25

Crypto Money Printer Wants to Buy Juventus: The Battle Between Europe's Old and New Money

Tether, the world's largest stablecoin issuer, has launched a bold bid to acquire Italian football giant Juventus, offering a 20.74% premium for the 65.4% stake held by Exor, the holding company of the Agnelli family. The all-cash offer includes an additional €1 billion investment pledge. However, Exor swiftly rejected the proposal, stating there are "no negotiations" for a sale. The move is led by Tether’s CEO Paolo Ardoino, an Italian native and lifelong Juventus fan. His attempt to buy his childhood club follows months of tension. After becoming the club’s second-largest shareholder earlier in 2025, Ardoino was excluded from a capital increase and faced resistance when seeking board representation. Exor instead backed club legend Giorgio Chiellini in a symbolic move to defend tradition. The Agnellis, who have controlled Juventus for over a century, view the club as a family legacy and symbol of Italian industrial heritage. Despite the club’s financial struggles—including massive losses, accounting scandals, and exclusion from Champions League revenue—Exor has repeatedly injected funds to maintain control. The family perceives crypto-based wealth as speculative and unstable, in contrast to their industrial-rooted fortune. The clash represents a broader cultural conflict between “old money” and “new money.” While European football clubs increasingly partner with crypto firms, traditional dynasties like the Agnellis remain resistant. Ardoino’s determination, however, signals that the push for acceptance is only beginning.

marsbit12/15 05:34

Crypto Money Printer Wants to Buy Juventus: The Battle Between Europe's Old and New Money

marsbit12/15 05:34

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