Brera Holdings (NASDAQ: BREA) has increased its ownership in SS Juve Stabia, known as “The Second Team of Naples,” from 21.74% to 34.62% following the second closing of its acquisition agreement with XX Settembre, the holding company of Club President Andrea Langella. The Ireland-based international holding company, focused on a multi-club ownership (“MCO”) strategy, aims to further solidify its presence in the Italian football landscape. Executive Chairman Daniel McClory highlighted the expanded stake as a step toward scaling Brera’s MCO platform and supporting Juve Stabia’s growth in Serie B. The transaction is pending regulatory approval.
To view the full press release, visit https://ibn.fm/FCWzh
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
NOTE TO INVESTORS: The latest news and updates relating to BREA are available in the company’s newsroom at http://ibn.fm/BREA
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