On June 2, in a humble post on X (formerly known as Twitter—remember that?), Ardoino found himself swarmed by eager fans asking if Tether’s treasure chest would be opening up to fund Juventus’s next big signing or, at the very least, help bring back the club’s lost glory. Spoiler alert: the answer was no. Not yet, anyway.
Ardoino, in a tone somewhere between frustration and reluctant acceptance, shared the unfortunate news: Juventus has, for reasons beyond his understanding, decided that Tether would not be a part of the ongoing capital raise. That’s right, the same capital raise that was announced back in April 2025. The one that could amount to anywhere between €15 million and €110 million. Talk about a wide range, huh? You’d think they’d at least narrow it down to avoid making all this sound like a guessing game.
Tether’s Wallet is Open, But Juventus Says “Not Today”
But wait, it’s not like Tether’s CEO is sitting idly by, twiddling his thumbs. No, he’s very much ready to toss some coins into Juventus’s wishing well—but alas, the powers that be at Juventus have not given their stamp of approval. Ardoino’s plea was simple, yet somehow poetic: “We simply cannot contribute unless society allows us to.” Ouch, right?
“It’s a real shame,” he lamented, channeling all the drama of a Shakespearean character. “We have willing investors here, ready to make Juventus great again.” Well, at least the man knows how to talk big—if nothing else, that should count for something. And if his fancy seat at the grandstand doesn’t help fix the team, he can always tell himself it’s helping to cover those pesky management costs. A small consolation, but hey, who’s counting?
Tether Still Has Juventus’s Back, No Hard Feelings… Probably
Despite being shut out of the capital round, Tether isn’t ready to throw in the towel just yet. The company’s leadership still expresses their full support for the club, even though they can’t exactly write a check right now. Fans, however, are understandably upset. They were hoping for a swift injection of cash to turn their team’s fortunes around—guess that’s on hold for now.
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2025-06-02 20:07