Juventus board approves 10% capital increase via share sale

Juventus FC SpA

20/11/2025 17:09

Nov 20 (Reuters) - Juventus JUVE.MI said on Thursday that its board approved a capital increase of up to 37.9 million new ordinary shares, equivalent to roughly 10% of its existing stock, through a sale of shares to institutional investors.

The Serie A club said controlling shareholder Exor, holding approximately 65.4% of the club, pledged to fully subscribe to the capital increase.

Cryptocurrency group Tether Investments, which holds around 11.5%, said that it would also participate for an amount equal to its stake and may acquire any unallocated shares.

The deal is worth up to around 1.5 million euros ($1.7 million) and will allow both shareholders to keep their stakes unchanged after the capital increase.

($1 = 0.8672 euros)

 (Reporting by Laura Contemori; Editing by Matt Scuffham)

 ((Laura.Contemori@thomsonreuters.com;))