Tether Investments, the stablecoin giant that already holds roughly 11.5% of Juventus’ share capital, has filed a series of formal requests ahead of the club’s upcoming shareholders’ meeting scheduled for November 7, 2025, according to Calcio e Finanza.
Among its proposals, Tether has requested that the capital increase be placed first on the agenda of the extraordinary session—moving it ahead of routine items such as the approval of financial statements or the election of a new board of directors.
Regarding the capital increase, Tether insists that all current shareholders be granted pre-emptive rights to subscribe to the newly issued shares and has asked the club’s board of directors to immediately determine both the number of shares to be issued and their price.
The company has also submitted proposals to amend Juventus’ bylaws in order to strengthen the role of minority shareholders in the club’s governance.
Among these measures is the appointment of at least two board members from the list receiving the second-highest vote count, as well as ensuring that minority shareholders are represented within the board’s internal committees.
The Juventus board has firmly rejected these initiatives. In an internal document, the board recommended that shareholders vote against Tether’s motions, arguing that the current governance framework already complies with applicable regulations and that excluding pre-emptive rights in a capital increase allows the club to pursue its strategic goals more efficiently.
As for the proposals on minority representation, the board warned that Tether’s measures could lead to “over-representation” of minority shareholders, which—according to the club—would not necessarily result in more effective governance.
Overall, this corporate showdown underscores the growing influence of cryptocurrency companies in professional sports and raises questions about how traditional clubs are governed.
Tether’s actions suggest that it is not merely investing as a passive minority shareholder, but rather seeking an active role in Juventus’ strategic direction—a move that could mark a significant turning point in how historic clubs like Juventus manage their financing and ownership structures.
