---
title: "Tether Proposes Two Board Nominees for Juventus Following Minority Stake"
description: "The stablecoin issuer nominated its deputy CIO and a prominent local supporter to the Italian football club's board of directors."
url: https://basisdesk.news/news/tether-nominates-candidates-juventus-board
published: 2026-10-08T18:26:38.432Z
modified: 2026-10-08T18:26:38.432Z
section: Institutions & ETFs
author: Basis Desk Newsroom (AI-generated, source-verified)
sentiment: neutral
tickers: [USDT]
tags: [tether, juventus, governance, investments, sports]
license: Quote with attribution to Basis Desk (basisdesk.news). Not financial advice.
---

# Tether Proposes Two Board Nominees for Juventus Following Minority Stake

The stablecoin issuer nominated its deputy CIO and a prominent local supporter to the Italian football club's board of directors.

## At a glance

- **What happened:** Tether submitted two director candidates for consideration on the board of Juventus Football Club.
- **Why it matters:** The stablecoin issuer is seeking active governance participation and bylaw changes following its minority investment in the club.
- **Who is affected:** Juventus Football Club S.p.A., its shareholders, and Tether Investments.
- **What's next:** Shareholders will vote on the proposed bylaw amendments and board candidates during the club assembly.
- **Status:** announced
- **Primary source:** [Tether Investments Announces Strategic Minority Stake in Juventus Football Club - Tether.io](https://tether.io/news/tether-investments-announces-strategic-minority-stake-in-juventus-football-club) — tether.io

## Key points

- Tether nominated Deputy CIO Zachary Lyons and local supporter Dr. Francesco Garino to the Juventus board of directors [2].
- The nominations accompany proposed changes to Juventus bylaws aimed at expanding minority shareholder governance [2].
- Tether acquired its minority stake in Juventus on Feb. 14, 2025, using capital outside its stablecoin reserves [1].

## Editorial remark

- **Context:** Tether first bought a minority stake in Juventus on Feb. 14, 2025, via an investment vehicle separate from its stablecoin reserve assets [1].
- **Impact:** Juventus Football Club shareholders must review Tether's proposed governance changes and candidates for the board of directors [2].
- **Watch:** The upcoming Juventus shareholder assembly vote on board appointments and proposed amendments to club bylaws [2].

Stablecoin operator Tether has submitted two nominees for election to the board of directors of Italian football team Juventus Football Club S.p.A. [2]. The nominations follow the firm's acquisition of a minority ownership position in the Serie A club earlier in the year [1], [2].

Tether put forward Dr. Francesco Garino, a Turin-based medical professional and longtime club supporter, alongside Zachary Lyons, Tether's deputy chief investment officer [2]. The company stated that the candidacies aim to combine fan representation with financial oversight, while also proposing changes to the club's bylaws to bolster corporate governance and minority shareholder rights [2]. Tether Chief Executive Paolo Ardoino and Vice President of Strategic Projects Juan Sartori continue to direct the firm's involvement with the sports franchise [2].

## Broadening Beyond Digital Reserves

Tether initially revealed its minority investment in Juventus on Feb. 14, 2025, deploying capital through an investment division operating outside the reserve pool backing its flagship $USDT stablecoin [1]. At the time of that initial transaction, Tether reported that its stablecoin held a market capitalization exceeding $140 billion across more than 400 million users in emerging regions [1].

The move marks an escalating push by the digital asset firm to link traditional European sports franchises with technology, artificial intelligence, and payments infrastructure [1]. The company had previously partnered with Swiss club FC Lugano through a kit sponsorship launched under the Plan ₿ municipal project [1]. With the board nominations submitted, Juventus shareholders will evaluate the proposed bylaw updates and director selections at an upcoming general assembly [2].

## Sources

1. [Tether Investments Announces Strategic Minority Stake in Juventus Football Club - Tether.io](https://tether.io/news/tether-investments-announces-strategic-minority-stake-in-juventus-football-club) — tether.io, 2026-10-08
2. [Tether Announces Board Candidates to Support Juventus’ Growth and Transformation - Tether.io](https://tether.io/news/tether-announces-board-candidates-to-support-juventus-growth-and-transformation/?trk=article-ssr-frontend-pulse_little-text-block&utm_source=chatgpt.com) — tether.io, 2026-10-08

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Basis Desk Newsroom · AI-generated, source-verified · https://basisdesk.news/about/how-we-use-ai