The Financial Situation (103 Viewers)

michel

Junior Member
Mar 25, 2010
392
Honestly, Moody's, S&P, etc. ratings are just laughable and no one really takes them seriously anymore, and no one cares. Moody's recently downgraded USA for example, literally nothing happened. Their justification for Tether's downgrade is that they hold "risky" assets as securities instead of cash. In other words they hold Bitcoin instead of fiat currency / hard cash, which if you look at the markets, literally everyone is losing confidence in cash / governments. Sure, things can go sideways real fast if you are holding a bunch of very volatile assets, but guess what, they are literally a crypto firm, whatelse did anyone expect. They won't ever be managed like a real financial institution, because they aren't one.

Them being involve with the club is another discussion, but rating agencies are a laughing stock for some time now.
 

Siamak

╭∩╮( ͡° ͜ʖ ͡°)╭∩╮
Aug 13, 2013
21,654
Today Tether has sent an official offer to Exor to buy its entire stake in Juventus.

Since the beginning, our objective has always been to support the team and bring it back to the glory it deserves.

As part of our commitment, if this transaction is successful, Tether will invest 1 billion Euros in the club.

[Paolo Ardoino]

- - - Updated - - -

FYI: Exor is obligated to answer officially latest December 22nd.
For people who are asking:
1.1B to buy the entire shares of Exor and he promised 1B of investments in Juventus.

- - - Updated - - -

Tether Submits Proposal to Acquire Juventus Football Club

12 December 2025 – Tether has submitted a binding all cash proposal to Exor to acquire its entire stake in Juventus Football Club. Subject to regulatory approvals, Tether intends to make a public offer for the remaining shares at the same price, fully funded with its own capital and supported by a long term commitment to the club.

This proposal reflects a belief in Juventus as more than a football club. For generations, Juventus has stood for discipline, ambition, and the quiet strength of those who rebuild and move forward, season after season. It is a club that has shaped Italian sporting identity and earned the loyalty of supporters around the world.

“For me, Juventus has always been part of my life,” said Paolo Ardoino, CEO of Tether. “I grew up with this team. As a boy, I learned what commitment, resilience, and responsibility meant by watching Juventus face success and adversity with dignity. Those lessons stayed with me long after the final whistle.

Our interest in Juventus comes from deep admiration and respect. Juventus is a symbol of Italian excellence with a truly global presence, built over generations through hard work, ambition, and the unwavering loyalty of its supporters. These values mirror how we have built Tether, with patience, independence, and a focus on long term resilience.

Tether is in a position of strong financial health and intends to support Juventus with stable capital and a long horizon. Our goal is to contribute positively to the club’s future, to support sporting performance at the highest level, and to help Juventus continue to grow sustainably in a rapidly evolving global sports and media landscape.

This proposal is made with humility and a deep sense of responsibility toward the club, its supporters, and its legacy. We believe Juventus’ story is still being written, and that its next chapters can be defined by strength, continuity, and ambition.”
The proposal contemplates the acquisition of Exor’s shareholding, representing 65.4 percent of Juventus’ issued share capital. Completion of the transaction would be subject to Exor’s acceptance, the execution of definitive documentation, and receipt of required regulatory approvals. Following completion, Tether intends to proceed with a public tender offer for the remaining shares at the same price per share.

In the event that the transaction completes, Tether is prepared to invest 1 billion Euros in the support and development of the Club.
Tether operates with a long term investment philosophy supported by a strong balance sheet and a focus on building resilient, globally relevant institutions. Further updates will be provided in accordance with applicable laws and regulations.

[Tether]
 
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Siamak

╭∩╮( ͡° ͜ʖ ͡°)╭∩╮
Aug 13, 2013
21,654
EXCLUSIVE | The offer presented by Tether to the BoD of Exor is only the first move: from Tether a new offer that is DOUBLE the current one is ready, thus pushing the total value of Juventus to more than 2 billion euros.

@calciomercatoit

[Riccardo Meloni]
 

Pirlo's Beard

Junkie Joe Joyce
Oct 2, 2013
11,567
SELL. Fuck it. Let's win a CL quick then if Tether implodes (although people have been saying that every month since USDT began) we can at least retire on top.

We can even circumvent FFP by signing sponsorship deals with multi billion market cap shitcoins
 

Siamak

╭∩╮( ͡° ͜ʖ ͡°)╭∩╮
Aug 13, 2013
21,654
OFFICIAL: Exor officially rejects the #Tether offer to buy #Juventus:

"Exor N.V. announces that its Board of Directors has unanimously rejected an unsolicited offer presented by Tether Investments, S.A. de C.V. to buy all the Juventus Football Club S.p.A. shares owned by Exor.

Exor reaffirms its previous and consistent statements that it has no intention to sell its Juve shares to a third party, including, but not limited to, Tether, based in El Salvador.

Juventus is a historic and successful club, of which Exor and the Agnelli family have been the stable and proud shareholders for over a century, and maintain a full commitment to the Club, supporting its new management team in the execution of a clear strategy to achieve solid results both on and off the pitch."


[@PuebloJ]
 

Pirlo's Beard

Junkie Joe Joyce
Oct 2, 2013
11,567
We lost the arms race. The Prem won. Even Madrid and Barca routinely get fucked by PL clubs now. "Solid results" is our new benchmark. Eventually get back to competing for Serie A & get to the 1st K.O stages in the CL to secure just enough cash to do it all again.

The only way past it is oil money. But Serie A would be a bad investment for sportswashing.
 

mjromeo81

Senior Member
Aug 29, 2022
1,814
Dec 15 (Reuters) - Shares in Juventus surged more than 12% early on Monday, after Italy's Agnelli family on Saturday rejected crypto group Tether's surprise offer that valued the country's most successful soccer club at just over 1 billion euros ($1.17 billion).
 

Siamak

╭∩╮( ͡° ͜ʖ ͡°)╭∩╮
Aug 13, 2013
21,654
Tether is not giving up: a new attempt on the way. Elkann's words were definitive on the offer, but in the next few hours a second try is on the way.

Ardoino has no intention on giving up. Therefore he will try to take advantage of the support from social media, in addition to the one from the small shareholders, who applauded him during the last shareholders meeting.

[Tuttosport via @AverageJuventinoGuy]
 

Orgut

Senior Member
Dec 31, 2002
20,184
Tether is not giving up: a new attempt on the way. Elkann's words were definitive on the offer, but in the next few hours a second try is on the way.

Ardoino has no intention on giving up. Therefore he will try to take advantage of the support from social media, in addition to the one from the small shareholders, who applauded him during the last shareholders meeting.

[Tuttosport via @AverageJuventinoGuy]
Tuttosport so its either true or false (which doesnt really narrow up the options)..
Anyway I was wondering - Is it good for us or bad for us? I mean what does it mean? We will get a lot of cash to get new players or will it be more or less the same?
 

Badass J Elkann

It's time to go!!
Feb 12, 2006
72,881
1 billion is well under the value of the club, the club is beyond just share prices, the assets of the club brings it up by at least another billion, then there's the debts of the club that will need to be covered.
As I've maintained, cash for new players is really not the issue, it's just lack of competence throughout the club.
 

Siamak

╭∩╮( ͡° ͜ʖ ͡°)╭∩╮
Aug 13, 2013
21,654
Tuttosport so its either true or false (which doesnt really narrow up the options)..
Anyway I was wondering - Is it good for us or bad for us? I mean what does it mean? We will get a lot of cash to get new players or will it be more or less the same?
Tuttosport is more reliable than Gazzetta.
Tether is a giant in the cryptocurrency space, and partnering with them would certainly benefit Juve financially. But apparently it's not just about collaborating or partnership, they are planning to buy the entire stake as Tether currently owns over 10% of Juve shares.

 

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