TURIN, Italy :Italy's Agnelli family has no intention of selling shares in soccer club Juventus, but is open to collaboration with other investors, family scion John Elkann told Reuters, after cryptocurrency group Tether amassed a significant stake.

Elkann is CEO of Exor, the holding company of the Agnelli family, whose ties with the Turin-based soccer club, Italy's most successful, date back to 1923 when Edoardo Agnelli became chair. Exor is the club's controlling shareholder.

Asked whether Exor was considering selling Juventus shares, Elkann told Reuters that the firm had no intention to do so.

"We remain fully committed to Juventus and are proud to be its controlling shareholder for over a century," he said.

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