Exor’s board of directors, in a note, “unanimously rejects Tether’s proposal relating to the acquisition of a controlling stake in Juventus Exor NV”.
The unanimous decision of the Board of Directors
Exor «announces that its Board of Directors has unanimously rejected the unsolicited proposal» presented by Tether Investments «for the acquisition of all the shares of Juventus Football Club SpA held by Exor.
No intention of selling Juventus shares
Exor reiterates what has already been stated several times previously, namely that it has no intention of selling any stake in Juventus to third parties, including, but not limited to, the Salvadoran company Tether.
The historical bond between Exor, the Agnelli family and the club
Juventus is a historic and successful club, of which Exor and the Agnelli family have been stable and proud shareholders for over a century, who continue to be fully committed to the Club, supporting the new management team in implementing a clear strategy aimed at achieving important results both on and off the pitch.”
Elkann, Juventus and our values are not for sale
«Juventus, our history, our values are not for sale». This was stated by the CEO of Exor, John Elkann, in a video published on the Juventus website after the offer presented by Tether for the acquisition of the shares of the Juventus club.
«Juve has been part of my family for 102 years. It is part in the true sense of the word, because over the course of a century, four generations have enlarged it, made it strong, cared for in difficult moments, celebrated in happy moments. But not only that: Juve is part of a much larger family, the Juventus family, made up of millions of fans, who love Juve as they love loved ones. Precisely thinking about this passion, this love story that has united us for over a century, as a family we continue to support the team and look to the future, to build a winning Juve.”