Juventus Owners Decline $1.2BN Takeover Bid from Crypto Leader
Juventus Football Club, the iconic Italian team, announced on December 13, 2025, that its owners have rejected a substantial takeover bid. The offer, valued at approximately €1 billion (around $1.2 billion), came from Tether, a prominent cryptocurrency firm.
Rejection of Takeover Bid
The decision to decline the buyout was made public during a statement by John Elkann, CEO of Exor, the holding company for the Agnelli family. Elkann emphasized the deep-rooted connection between Juventus and the Agnelli family, stating, “Juventus, our history and our values are not for sale.”
Agnelli Family’s Commitment
With a legacy spanning over 102 years, the Agnelli family has continuously supported the club, nurturing it through challenging times while celebrating its successes. Elkann noted the dedication of four generations that have contributed to the club’s growth and resilience.
Current Challenges for Juventus
Despite its illustrious history, Juventus has faced significant hurdles in recent years. The club has not secured a Serie A title since dominating the league with nine consecutive championships between 2012 and 2020. Recently, Juventus underwent a coaching change, replacing Igor Tudor with Luciano Spalletti following a difficult start to the current season.
Background of Recent Events
- Former president Andrea Agnelli and the entire board resigned in 2022.
- The resignation came amid a false accounting investigation.
- Top Italian rivals, such as AC Milan, Inter Milan, and Roma, are owned by foreign investment firms.
- Juventus, along with Napoli, remains one of the few major clubs still under Italian ownership.
Exor’s Position
In a formal statement, Exor reiterated its intention to retain ownership of Juventus, dismissing the notion of selling shares to external entities, including Tether. “Juventus is a storied and successful club,” the statement read, highlighting the Agnelli family’s steadfast commitment to the club’s future.
As Juventus looks ahead, the management aims to implement strategic initiatives focused on achieving strong results both on and off the pitch, reinforcing the club’s legacy in the world of football.
