Tether, the world’s largest stable station, plans to propose its own candidates for a Juventus FC seat, the Italian football club in which it has a 10.7%participation, Reuters reported on Monday.
The Stablecoin giant will present its list at the Annual Shareholders Meeting in November, according to the report, citing a Tether email.
Tether also said he plans to propose some “governance changes” at the November 7 meeting, although he did not prepare what they are, according to the report. Juventus investors will vote on the renewal of the company’s board at the shareholders meeting.
Tether acquired 8.2% of Juventus in February, and subsequently increased its participation to more than 10% in April.
In the months that followed, Tether looked for a more active role in the operations of I Bianconeri (the blacks and blacks), asking to participate in the capital’s capital increase and receive a seat of the Board.
Juventus, which is considered one of the most famous football clubs in the world, dominated the best series A of Division A of Italy throughout the 2010. It is also the favorite team of the CEO of Tether, Paolo Ardoino.
Tether did not respond to Coendesk’s request to make more comments.
Read more: Crypto Prander Maple expands to the plasma backed by ties
