Brera Holdings (NASDAQ: BREA) to Acquire Majority Stake in Italian Serie B Football Club Juve Stabia

December 26, 2024 12:41:57

✎ Contributed by Ty Griffin

Brera Holdings (NASDAQ: BREA), a Nasdaq-listed company specializing in multi-club ownership of sports teams, announced its detailed three-step acquisition of a majority equity stake in Italian Serie B football club SS Juve Stabia. The historic 117-year-old club, currently ranked fourth in Serie B, aligns with Brera’s strategy to enhance operational efficiencies and shareholder value through its multi-club framework. The acquisition, which involves investments in share capital and milestone-based incentives for current owner Andrea Langella, is expected to finalize by March 31, 2025, granting Brera ~52% ownership. Brera plans to leverage Juve Stabia’s potential to capitalize on player trading, commercial growth, and potential promotion to Serie A.

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

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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