Somebody call the whambulance! For those who don't know the Agnelli holding company (EXOR) doesn't completely control FIAT. EXOR's stake is around 30% last time I checked. Not that this matters.
What does matter is that FIAT and Juventus aren't the same company! The FIAT board has a legal duty to all of their shareholders, which is to maximize all of their value (increase the stock price). And if that means sponsoring the national team and not Juventus then so be it. Can't believe people cry over this.
What does matter is that FIAT and Juventus aren't the same company! The FIAT board has a legal duty to all of their shareholders, which is to maximize all of their value (increase the stock price). And if that means sponsoring the national team and not Juventus then so be it. Can't believe people cry over this.
