Juventus Shares Climb After Agnelli Holding Company Rejects Bid From Tether

Shares in Juventus Football Club, one of Europe’s most storied soccer teams, jumped early Monday after cryptocurrency giant Tether offered to buy the club from Italy’s Agnelli family, which rejected the bid.

The move marks the latest attempt by a financial group to push into European soccer and pits El Salvador-based Tether, operator of the world’s largest stablecoin, against a family that has been involved in the club for more than a century.