Key Highlights
- Tether has officially barged its way onto the Juventus FC Board with Francesco Garino. Yup, you read that right.
- With a whopping 10% stake, Tether is now the second-largest shareholder. They’re here to “Make Juventus Great Again” (MJGA). Sounds familiar, huh?
- Now with a shiny new seat at the table, Tether’s got a say in the club’s financial and techie direction. Watch out, world!
Hold on to your seats, folks. Tether, the mastermind behind USDT, has just muscled its way into the boardroom of one of Italy’s most iconic football clubs, Juventus. The announcement came straight from the club’s annual meeting on November 7, 2025, and, surprise, it’s not just a casual handshake. This is an all-out techie corporate takeover-well, sort of.
CEO Paolo Ardoino, ever the humble guy, celebrated the big win on Twitter, tweeting about the ascension of Francesco Garino to the board. The moment represents Tether’s official entry into one of Europe’s football powerhouses, and let’s be honest, it’s the kind of move that says, “Crypto is here to play.”
Tether ha appena ricevuto il suo primo posto nel CdA della Juventus 🦓🦓🦓
Francesco Garino confermato!Grazie a tutti gli azionisti di minoranza per aver supportato la nostra richiesta di essere coinvolti.
Il primo passo necessario verso MJGA!
– Paolo Ardoino 🤖 (@paoloardoino) November 7, 2025
So, Who’s This Francesco Garino?
Francesco Garino isn’t just any corporate guy-he’s an orthodontist who has a deep love for Juventus. Yep, the guy’s got a stake in straightening teeth AND straightening out financial messes. He’s joined by Zachary Lyons, Tether’s Deputy Chief Investment Officer, but Garino’s the one making the real moves. Thanks to some well-placed support from minority shareholders, Garino snagged the coveted seat.
This move is big-like, “Not-your-average-Exor-N.V.-nominee” big. Garino’s election marks the first time someone not linked to the Agnelli family (who’s controlled Juventus for, oh, a century or so) has taken a seat. And with Tether now holding over 10% of the club’s shares, they’re not just there to sit pretty-they’re ready to shake things up.
Getting Involved in Governance, Crypto-Style
So how did Tether pull this off? It’s simple-buy a bunch of shares and make the second-largest shareholder in the club. Easy, right? The company started stacking up shares in early 2025, and before you know it, they were playing 4D chess while the club was dealing with its own financial dramas. Talk about a power play!
The whole thing started when Juventus faced a financial scandal and a board collapse in late 2022. Tether saw an opportunity and jumped right in, backing “best-in-class corporate governance” (because who doesn’t love a good corporate buzzword?). Their goal? Give the minority shareholders a voice and make sure everything isn’t just a money pit for the rich and powerful.
Introducing the “Make Juventus Great Again” Plan (MJGA)
Tether’s not just about making money (although they are doing that). Their grand plan for Juventus comes with the oh-so-catchy slogan “Make Juventus Great Again.” No, this isn’t a political campaign, but it might just be the revival the club needs. They want to modernize the club with financial investments, techy solutions, and-wait for it-corporate transparency. Because who doesn’t want a little bit more real accountability?
Garino, a die-hard fan of the club, was Tether’s secret weapon in making sure that Juventus fans weren’t left out of the loop. After all, what’s a tech-driven revolution without a little fan love thrown in?
Tether also plans to sprinkle in some of their crypto magic, hoping to bring fresh ideas like digital assets, fan tokens, and NFTs into Juventus’ future. It’s like giving the club a high-tech facelift. Ah, the wonders of Web3!
What This Means for the Future
So, what’s the big deal? Well, Tether’s entry into the boardroom of a legendary football club like Juventus is more than just a fun headline. It’s a major victory for the crypto industry, proving that they’re not just here for sponsorships. They want ownership-and they’ve got it.
This move is a signal to the rest of the sports world that crypto isn’t just about slapping logos on jerseys. It’s about real, corporate power. Tether’s seat at the table is all about pushing Web3 technologies into the mainstream, potentially changing how fans interact with their favorite teams. Digital payments, NFTs, and fan tokens could be just the beginning of Tether’s plans for world domination (or, at least, for turning Juventus into a financial powerhouse).
For Juventus, this partnership is like a lifeline to the future-tapping into new revenue streams, attracting younger fans, and, maybe most importantly, staying relevant in a world that’s increasingly digital. For Tether, well, it’s just another day in the blockchain business. But for everyone else? It’s a glimpse at the future of sports business. And it’s a little bit hilarious.
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2025-11-07 22:36