TETHER, transmitter of the largest stablecoin in the world, plans to offer its own candidates for a headquarters of the board of directors at FC in Juventus, the Italian football club in which it holds a 10.7%stake, Reuters reported on Monday.
The stable giant will submit its list during the annual meeting of the club shareholders in November, according to the report, citing an email from Tether.
Tether also said that she was planning to propose “governance changes” at the meeting of November 7, but did not explain what they are, according to the report. Juventus investors will vote on the renewal of the company’s board of directors at the shareholder meeting.
Tether acquired 8.2% of Juventus in February and later increased his participation to more than 10% in April.
In the months that followed, Tether sought a more active role in the operations of I Bianconeri (White and Blacks), asking to participate in the increase in the capital of the club and to be granted a seat to the Board of Directors.
Juventus, which is considered one of the most famous football clubs in the world, dominated the division of the division of the Division A throughout the 2010s. It is also the favorite team of the CEO of Tether, Paolo Ardodino.
Tether did not respond to the request for Coindesk comments.
Read more: The EPAPTER of the cryptographic lender develops in plasma to dosage the fasteners