Brera Worldwide Football: Atop the Standings in Both North Macedonia and Mozambique
August 24 2023 - 8:50AM
Brera Holdings PLC (Nasdaq: BREA) (“Brera Holdings” or the
“Company”) today announced that two of its football clubs, Brera
Strumica in Europe (North Macedonia) and Brera Tchumene in Africa
(Mozambique), have both reached the top of the standings in their
leagues.
Brera Strumica continues to be undefeated in Prva Liga, the top
level of the Macedonian football league, also called the Macedonian
First Football League, after a 2-1 victory in the first away game
of the season at defending champion Struga, who is currently
engaged in the last round of qualifying for the group stage of the
2023-24 UEFA Europa Conference League.
Brera Tchumene won 1-0 against EFCA de Boane, and has taken the
lead in the Provinçal Seconda Divisao (Second Division) League in
Mozambique and continues its march towards the goal of promotion to
Moçambola, the First Division League of the Southeast African
country.
Although it has only been a few months since Brera Holdings
expanded its portfolio of Brera-branded clubs worldwide, these
teams are seeing positive results. The Company's goal - to achieve
significant sporting results together with economic sustainability
- is taking shape.
“We’re excited by the promising start to our football clubs’
seasons; it is a testament to the dedication and professionalism
exhibited by our players and coaching staff,” said Brera Holdings
Chief Executive Officer, Pierre Galoppi. “We will continue
executing our strategy of identifying and acquiring undervalued
sports assets, supporting them with comprehensive technical and
media efforts. This continues Brera Holdings’ mission of utilizing
sports as a catalyst for social impact attracting new sponsorship
opportunities,” Mr. Galoppi concluded.
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 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. 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
- Brera's Teams in First position
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