Shares in Italian football giant Juventus jumped nearly 14% on Monday, after Italy's Agnelli family on Saturday rejected the surprise offer from crypto group Tether that valued the Serie A club at just over 1 billion euros ($1.2 billion).

With 36 Serie A titles to its name, Juventus is Italy's most successful football club, but it has faltered since clinching a ninth straight championship in 2020 and now sits fifth in the table.

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