🤑 Crypto Meets Cleats: Tether Tackles Juventus Boardroom! ⚽

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Well, butter my biscuit and call me a wizard, because the world of football has gone completely *gnome-tastic*! 🧙‍♂️ Tether, the folks behind the USDT stablecoin (you know, the one that’s as stable as a one-legged stool on a windy day), have decided they fancy a spot on the board of Juventus. Yes, *that* Juventus-the football club where players kick balls and occasionally score goals. Tether, now the second-largest shareholder with a 10.7% stake (a cool $149 million, give or take a few wizarding coins), is ready to flex its muscles at the annual shareholder meeting on November 7. 🗓️

Apparently, Tether swooped in like a dragon after a shiny coin on February 14, 2025, becoming the first crypto company to cozy up to a European football club. Meanwhile, the Agnelli family’s Exor (who’ve been running the show since the days of black-and-white television) still holds a whopping 65.4% of the shares. Family business, eh? 🏰

Tether’s CEO, Paolo Ardoino, reckons communication with Juventus and Exor has been about as frequent as a unicorn sighting. 🦄 “We’d like to find some common ground,” he said, probably while polishing his crypto-wizard staff. “Maybe we can all meet in the middle-say, over a nice plate of pasta and a spreadsheet?” 🍝

Tether’s Grand Plan: Boardroom Takeover or Just a Fancy Kickabout?

The Milan meeting promises to be a right old shindig, with shareholders voting to renew the board and Tether hinting at *mysterious governance changes*. Ooh, cryptic! 🔮 They’re also chucking in up to €110 million ($129 million) for a capital increase, because apparently Juventus needs more gold to polish its trophy cabinet (or maybe just to pay the bills). 💰

Speaking of bills, Juventus has been bleeding money like a leaky cauldron, with a €199 million loss from 2023 to 2024 and another €18 million expected this year. Yikes! Maybe Tether’s crypto magic can turn things around? Or perhaps they’ll just start paying the players in stablecoins. “Here’s your salary, lads-hope it doesn’t fluctuate mid-match!” 🤣

So, will Tether’s boardroom ambitions score a goal, or will they end up in the penalty box? Only time (and a lot of paperwork) will tell. One thing’s for sure: football will never be the same again. ⚽✨

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2025-10-06 23:21