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Tether has secured its first seat on the board of Juventus Football Club.
On November 7, Tether CEO Paolo Ardoino announced that Tether has just secured its first seat on the board of directors of Juventus Football Club. Francesco Garino has been confirmed as Tether's representative on the Juventus board. BlockBeats previously reported that as of June 25, Tether is currently the second largest shareholder, after Juventus's largest shareholder Exor NV. Exor is the investment company of the Italian billionaire Agnelli family, which has been managing the football club for over a century. According to a statement from Tether, Tether is also seeking to obtain a board seat at Juventus.