Monday briefing: Juventus owners “unanimously” reject €1.1 billion takeover bid from crypto firm

Juventus’ controlling owner Exor has “unanimously”, rejected a €1.1 billion takeover proposal from cryptocurrency firm Tether.

Exor, which holds a 65.4 per cent stake in the Italian club, is the holding company of the Agnelli family, who have owned Juventus for more than 100 years. Tether, which acquired an 11.5 per cent stake in the Turin-based club in February of this year, are looking to complete a full acquisition of Exor’s shares.

Exor said in a statement on Saturday: “Exor r