Brera Holdings PLC (“Brera Holdings”, “Brera” or the “Company”)
(Nasdaq: BREA) is focused on multi club ownership (“MCO”) and
expanding its global portfolio of professional sports clubs with an
emphasis on football (American soccer) and its increased
opportunities to earn tournament prizes, gain sponsorships, obtain
transfer fees and provide other sports-related consulting services.
Today Brera announced its launch of a proactive search for an
Italian Serie B football club target designed to bring MCO of the
highest tiers of professional sports ownership to mass investors
through the Company’s Nasdaq-listed shares.
Brera Holdings also announced today that it
filed its unaudited consolidated financial statements for the six
months ended June 30, 2023 with the Securities and Exchange
Commission (the “SEC”) on December 29, 2023. The full report on
Form 6-K is accessible here:
https://www.sec.gov/ix?doc=/Archives/edgar/data/1939965/000121390023099953/ea190569-6k_brerahold.htm
Brera Holdings successfully completed its
$7,500,000 initial public offering on Nasdaq (the “IPO”) in January
2023, becoming the first Italian football team to list in New York.
The Company’s IPO story and today’s business is focused on MCO:
owning and operating multiple, global men’s and women’s sports
clubs, while building on the legacy and brand of Brera FC, the
first football club that was acquired by the Company in 2022, and
its legacy of social impact.
Within 60 days of its IPO, Brera Holdings
expanded to Africa with the establishment of Brera Tchumene, a team
admitted to the Second Division League in Mozambique, a country of
nearly 32 million people, which was recently promoted to Moçambola
(Premier Division for Mozambique).
Just under 90 days from its IPO, the Company
completed the acquisition of a 90% interest in Fudbalski Klub
Akademja Pandev (“FKAP”), a club in the Prva League (Top Division)
of North Macedonia, and eligible for UEFA tournaments and
post-season play. FKAP was founded by football legend and Inter
Milan star, Goran Pandev, who retained a 10% share and joined the
Company’s board of directors at the time of its IPO.
Brera’s MCO strategy continued in the second
half of 2023, with its acquisition of a 51% interest in the Italian
Serie A1 women’s professional volleyball team UYBA Volley
S.s.d.a.r.l., a storied volleyball powerhouse that plays just 30
miles from Milan. With its assumption of management control of
Bayanzurkh Ilch FC, a team in the Mongolian National Premier
League, Brera is operating a football club in Asia.
Brera Holdings is now actively conducting a
focused search for a target acquisition in the Italian Football
Serie B market where it will continue to offer fans one of the only
opportunities to participate as owners of sports clubs, by becoming
shareholders of Nasdaq-listed Brera Holdings, a privilege usually
reserved for the exceptionally wealthy.
The Company plans to continue building its
family of sports clubs, with the goal of enhancing its capability
for player development and distribution within its network, and
looks forward to a successful 2024.
ABOUT BRERA HOLDINGS PLC
Brera Holdings PLC (Nasdaq: BREA) is focused on
expanding its social impact football (American soccer) business by
developing a global portfolio of emerging football and other sports
clubs with increased opportunities to earn tournament prizes, gain
sponsorships, and provide other professional football- and
sports-related consulting services.
The Company seeks to build on the legacy and
brand of Brera FC, the first football club that was acquired by the
Company in 2022. Brera FC, known as “The Third Team of Milan,” is
an amateur football association which has been building an
alternative football legacy since its founding in 2000. The Company
owns the trademarked FENIX Trophy Tournament, a non-professional
pan-European football competition recognized by UEFA, inaugurated
in September 2021 and organized by Brera FC. “FENIX” is an acronym
for “Friendly European Non-professional Innovative Xenial.”
BBC Sport has called the FENIX Trophy “the Champions League for
amateurs,” and Brera FC hosted the 2023 finals at Milan’s legendary
San Siro Stadium. In October 2022, the Internet Marketing
Association at its IMPACT 22 Conference named Brera FC as its award
recipient for “Social Impact Through Soccer,” recognizing the
Company’s focus at an international level with this
distinction.
In March 2023, the Company expanded to Africa
with the establishment of Brera Tchumene FC, a team admitted to the
Second Division League in Mozambique, a country of nearly 32
million people. In April 2023, the Company acquired 90% of the
European first division football team Fudbalski Klub Akademija
Pandev in North Macedonia, a country with participation rights in
two major Union of European Football Association (“UEFA”)
competitions.
On July 31, 2023, the Company completed the
acquisition of a majority ownership in the Italian Serie A1 women’s
professional volleyball team UYBA Volley S.s.d.a.r.l. In September
2023, the Company assumed control of Bayanzurkh Sporting Ilch FC, a
team in the Mongolian National Premier League, which will become
Brera Ilch FC when the football season resumes in March 2024. In
January 2024, the Company announced the launch of a proactive
search for an Italian Serie B football club target designed to
bring multi club ownership of the highest tiers of professional
sports ownership to mass investors through the Company’s
Nasdaq-listed shares. The Company is focused on bottom-up value
creation from undervalued sports clubs and talent,
innovation-powered business growth, and socially-impactful
outcomes. See www.breraholdings.com
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking
statements that are subject to various risks and uncertainties.
Such statements include statements regarding the Company's ability
to grow its business and other statements that are not historical
facts, including statements which may be accompanied by the words
“intends,” “may,” “will,” “plans,” “expects,” “anticipates,”
“projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,”
“potential” or similar words. Actual results could differ
materially from those described in these forward-looking statements
due to a number of factors, including without limitation, the
Company’s ability to continue as a going concern, the popularity
and/or competitive success of the Company’s acquired football and
other sports teams, the Company’s ability to attract players and
staff for acquired clubs, unsuccessful acquisitions or other
strategic transactions, the possibility of a decline in the
popularity of football or other sports, the Company’s ability to
expand its fanbase, sponsors and commercial partners, general
economic conditions, and other risk factors detailed in the
Company’s filings with the SEC. The forward-looking statements
contained in this press release are made as of the date of this
press release, and the Company does not undertake any
responsibility to update such forward-looking statements except in
accordance with applicable law.
CONTACT INFORMATION:
FOR MEDIA AND INVESTOR RELATIONS Pierre Galoppi, Chief Executive
Officer Brera Holdings PLC pierre@breraholdings.com
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