Tether, the cryptocurrency giant, is reportedly increasing its stake in Juventus, raising its share from 8.2% to over 10.1%. This move positions Tether as the second-largest shareholder in the club, trailing only Exor, which holds a 65.4% stake.
According to reports, Tether is also prepared to contribute to any necessary future recapitalization of the club. Furthermore, they are seeking representation on the Juventus board of directors (CdA). Juan Sartori, described as Tether`s key advisor for their involvement with Juventus, has been identified as a potential candidate for a board position.