Brera Holdings PLC (“Brera Holdings,” “Brera” or the “Company”)
(Nasdaq: BREA) today announced that it has signed an exclusive
Letter of Intent (the “LOI”) to acquire majority ownership of the
Italian Serie A1 women’s professional volleyball team UYBA Volley
S.s.d.a.r.l., known as E-Work Busto Arsizio (“UYBA” or “UYBA
Volley”), based in Busto Arsizio, north of Milan. “This is the
first example of Brera Holdings implementing its multi-sport
strategy to own and operate teams Empowered by Brera,” said Brera
Holdings Chief Executive Officer, Pierre Galoppi. “Through the UYBA
acquisition, we expect not only to partner with a
championship-caliber professional team, but also to work with world
championship coach Julio Velasco and obtain multi-year access to
UYBA’s E-Work Arena from the city of Busto Arsizio,” Mr. Galoppi
continued.
Brera Director Chris Gardner and UYBA Chairman Giuseppe Pirola
surrounded by team trophies at the E-Work Arena in Busto
Arsizio
Under the LOI, Brera or its subsidiary, Brera Milano S.r.l.,
intends to acquire 51% of the share capital of UYBA Volley.
Giuseppe Pirola, UYBA’s chairman and minority shareholder, will
continue as chairman of UYBA’s board of directors. “We look forward
to welcoming Brera Holdings with their powerful Social Impact
Sports mission and branding,” said Mr. Pirola. “Exporting our
UYBA brand and our know-how internationally has always been one of
the objectives of our mission, which we intend to achieve with
Brera," concluded Mr. Pirola.
UYBA Volley has an inspiring history of professional volleyball
achievements, including title wins of the Women’s Confederation
Europe Volleyball Cup (the “CEV Cup”) in the 2009-2010, 2011-2012,
and 2018-2019 seasons. In the 2011-2012 season, UYBA won the
Italian National Championship, the Italy Cup and the Italian Super
Cup.
Brera Holdings expects the acquisition of its majority stake in
UYBA to close by June 28, 2023. The acquisition will be subject to
the Company’s entry into a definitive purchase agreement and
satisfaction of all related terms and conditions.
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.
In March 2023, the Company expanded to Africa with the
establishment of Brera Tchumene, a team admitted to the Second
Division Championship in Mozambique, a country of nearly 32 million
people. In April 2023, the Company completed its 90%-acquisition 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 Associations (“UEFA”)
competitions. The Company is focused on bottom-up value creation
from sports clubs and talent outside mainstream markets,
innovation-powered business growth, and socially-impactful
outcomes. See www.breraholdings.com.
ABOUT UYBA VOLLEY S.S.D.A.R.L.
Italian Serie A1 women’s professional volleyball
team UYBA Volley S.s.d.a.r.l., based in Busto Arsizio, north of
Milan (“UYBA” and “UYBA Volley”), is one of the most followed
women's volleyball team through social media in Italy. UYBA has a
decades-long history built upon strong values, passion, excellence,
and commitment to sport from school level to youth and senior
teams.
UYBA Volley manages the E-Work Arena under a
municipal lease through 2039. Capable of comfortably accommodating
4,500 people, the E-Work Arena in Busto Arsizio, Province of
Varese, is a place of entertainment and of fun, frequented by
families and young people who wish to enjoy a memorable sporting
experience. For the 2023-2024 season, UYBA Volley will be led
by one of the greatest coaches of all time, Julio Velasco.
See www.volleybusto.com
ABOUT COACH JULIO VELASCO
Coach Julio Velasco has won 4 Argentine
championships, 4 Italian championships, 3 Italy Cups, 1 Italian
Super Cup, and 1 CEV Cup as a club head coach. As national team
head coach, he won 3 European Championships, 2 World Championships,
5 men’s World Leagues, 1 men’s Grand Champions Cup, 1 men’s World
Top Four, 1 men’s Volley World Cup, 1 FIVB World Grand Champions
Cup, 2 men’s Asian and Oceanian Championships, and 1 Pan American
Games Championship.
Coach Velasco's fame encompasses both men’s and
women’s championship volleyball where he has coached the Italian
national teams for both. He is known for his team culture,
his immense knowledge of the sport, his communication skills, and
his motivation and management style. He also served as a manager of
the football clubs Inter Milan (FC Internazionale Milano) and S.S.
Lazio (Lazio) in Rome, where he served as Director General of the
squad that won the UEFA Cup in 1988-1989.
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:
Pierre Galoppi, Chief Executive Officer Brera Holdings PLC
pierre@breraholdings.com
Daniel McClory, Executive Chairman Brera Holdings PLC
dan@breraholdings.com
Giuseppe Pirola, ChairmanUYBA Volley
S.s.d.a.r.l.Giuseppe.pirola@volleybusto.com
Mattia Moro, General DirectorUYBA Volley
S.s.d.a.r.l.mattia.moro@volleybusto.com
- Brera Director Chris Gardner and UYBA Chairman Giuseppe Pirola
surrounded by team trophies at the E-Work Arena in Busto
Arsizio
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