Brera Holdings (NASDAQ: BREA) Announces Investment in Italian Serie B Club Juve Stabia

December 9, 2024 10:54:56

✎ Contributed by Ty Griffin

Brera Holdings (NASDAQ: BREA), a Nasdaq-listed international holding company focused on multi-club ownership, announced at a press conference in Naples its binding term sheet to make a strategic investment in SS Juve Stabia, a historic Serie B football club with 117 years of tradition. The investment, pending completion by Dec. 31, 2024, will establish a 52-48 shareholding structure with current majority owner XX Settembre srl over three phases through March 2025. Executive Chairman Daniel McClory highlighted the club’s strategic location in the vibrant Naples metropolitan area and its cultural significance near Pompeii and the Amalfi Coast. Club President Andrea Langella welcomed Brera’s investment, citing enhanced financial resources, global awareness, and expanded player pathways within Brera’s portfolio across three continents. Further details will be included in Brera’s SEC filings, with ongoing updates planned.

To view the full press release, visit https://ibn.fm/iO4PF

About Brera Holdings PLC

Brera Holdings PLC is focused on expanding its social impact football (soccer) business by developing a global portfolio of emerging football and other sports clubs, which will provide increased opportunities to earn tournament prizes, gain sponsorships, provide other professional football and sports-related consulting services, and achieve capital appreciation of these clubs.

For more information, visit the company’s website at www.BreraHoldings.com

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The latest news and updates relating to BREA are available in the company’s newsroom at https://ibn.fm/BREA

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