Brera Holdings PLC (“Brera Holdings”
or “Brera”) (Nasdaq: BREA), an Ireland-based,
Nasdaq-listed, international holding company focused on expanding
its global portfolio of men's and women's sports clubs through a
multi-club ownership (“MCO”) approach, announced today at a press
conference in Naples that it has signed a binding term sheet to
make a strategic investment in SS Juve Stabia SpA ("Juve Stabia" or
"the Club"), a historic Italian Serie B football club celebrating
117 years of tradition.
Brera’s investment has been structured to
reinforce Juve Stabia’s sporting competitiveness in Serie B and
beyond, alongside current majority owner XX Settembre srl (“XX
Settembre”) and Club President Andrea Langella. Pending completion
of the share purchase agreement and the initial closing of the
transaction by December 31, 2024, Brera and XX Settembre have
agreed to an approximate 52-48 strategic shareholding over three
phases through March 31, 2025. Known as 'The Second Team of
Naples,' Juve Stabia is a key fixture in Italy’s third-largest
metropolitan area, strategically located near the famous historical
sites of Pompeii and the picturesque Amalfi Coast, offering a
unique blend of sporting and cultural significance in one of
Italy’s most renowned regions.
“After a thorough analysis and negotiations with
leading Serie B clubs, Brera Holdings is extremely proud to invest
in Juve Stabia, an important club with an ideal partner in
President Andrea Langella,” said Brera Executive Chairman Daniel
McClory, Founder and majority shareholder. “Competing in the
vibrant Naples metropolitan area, home to 3.5 million people with
an unparalleled tradition of top-caliber football, makes Brera’s
investment in Juve Stabia especially strategic,” added Mr.
McClory.
Mr. Langella added, “We welcome Brera’s strategic capital, and
the Nasdaq listing of its MCO model are expected to bring Juve
Stabia not just additional financial resources and support, but
expanded awareness of our brand and team, as well as human capital
and player pathways between Brera’s teams on three continents,”
said Mr. Langella. “Juve Stabia shares the social impact mission of
Brera and will extend their reach into the greater Naples area,
starting with Castellammare di Stabia,” he continued.
Brera’s SEC filings will contain details of its
strategic investment in Juve Stabia, and further updates will be
provided on an ongoing basis, starting with the initial closing
agreed to take place by December 31, 2024.
ABOUT BRERA HOLDINGS PLCBrera
Holdings PLC (Nasdaq: BREA) is dedicated to expanding its social
impact football business by developing a global portfolio of
emerging football and sports clubs. Building on the legacy of Brera
FC, which it acquired in 2022, the Company aims to create
opportunities for tournament prizes, sponsorships, and professional
consulting services. Brera FC, recognized as "The Third Team of
Milan," has been crafting an alternative football legacy since its
founding in 2000. The club also organizes the FENIX Trophy, a
nonprofessional pan-European tournament acknowledged by UEFA. This
tournament, which has been referred to as "the Champions League for
amateurs" by BBC Sport, has garnered significant media coverage,
including from ESPN.
In its efforts to broaden its reach, Brera
expanded into Africa in March 2023 by establishing Brera Tchumene
FC in Mozambique, which quickly rose to the First Division after
winning its post-season tournament. In April 2023, the Company
acquired a 90% stake in the North Macedonian first-division team
Fudbalski Klub Akademija Pandev, now known as Brera Strumica FC.
Additionally, in June 2023, Brera made a strategic investment in
Manchester United PLC, realizing a 74% gain. The Company has
further diversified its portfolio by acquiring a majority stake in
UYBA Volley, an Italian women's professional volleyball team, in
July 2023, assuming control of Bayanzurkh Sporting Ilch FC, a
Mongolian National Premier League team, which became Brera Ilch FC,
in September 2023. In January 2024 Brera announced plans to acquire
an Italian Serie B club. Brera established a joint stock company
for the North Macedonian women's football club Tiverija Strumica,
now known as Brera Tiverija FC, a wholly-owned subsidiary of Brera
Strumica FC, in June 2024.
With a focus on bottom-up value creation,
innovation-driven growth, and socially impactful outcomes, Brera
Holdings endeavors to position itself as a forward-thinking player
in the global sports landscape.
For more information,
visit www.breraholdings.com.
Cautionary Note
Regarding Forward-Looking StatementsThis 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.
Company Contact Information:Dan McClory,
Executive Chairman, Brera Holdings
PLCEmail: dan@breraholdings.com
Investor Relations Inquiries:Skyline Corporate
Communications Group, LLCScott Powell, President1177 Avenue of the
Americas, 5th FloorNew York, New York 10036Office: (646)
893-5835Email: info@skylineccg.com
- Juve Stabia President Andrea Langella (left) and Brera Holdings
Executive Chairman Dan McClory (right) at the Club’s summer
training camp in July 2024.
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