Brera Holdings PLC (NASDAQ:BREA)

GET TOP RATED STOCK ALERTS ACTIVE TRADERS DEPEND ON

SIGN UP TODAY FOR FREE NEWS DRIVEN ALERTS
BRERA HOLDINGS PLANS TO ACQUIRE EUROPEAN FIRST-DIVISION FOOTBALL TEAM AKADEMIJA PANDEV

North Macedonian club to be re-branded as “BRERA” advanced to qualifier matches of UEFA in 2021 with potential competition prizes from $3 million to $15 million

 

DUBLIN, MILAN and STRUMICA, NORTH MACEDONIA – February 15, 2023 – Brera Holdings PLC (NASDAQ: BREA)  (“Brera Holdings” or the “Company”) today announced its first planned acquisition with the signing of a Letter of Intent (the “LOI”) to acquire the European first division football team Fudbalski Klub Akademija Pandev (“Akademija Pandev”) in North Macedonia, a country which has the right to participate in the three major UEFA competitions. “This is an example of Brera Holdings implementing its international strategy to simultaneously pursue expansion and licensing of the Brera FC brand in Eastern Europe,” said BREA CEO, Sergio Scalpelli, who continued, “through the Akademija Pandev acquisition and Brera renaming we intend to enhance the team’s performance, and ideally prepare players for the professional transfer market and obtain prizes related to participation rights in UEFA.” In 2021 Akademija Pandev advanced to qualifier matches of UEFA which featured competition prizes from $3 million to $15 million.

 

Goran Pandev, the founder and owner of Akademija Pandev, is an independent member of the Board of Directors of Brera Holdings who had a storied career as football player for Inter Milan, and in 2021 he became the first Macedonian to score 100 goals in one of the top five European football leagues. In August 2022 Brera Holdings’ subsidiary Brera Milano srl entered into a Sponsorship Agreement with Akademija Pandev that allowed the Company to provide consulting and other football-related services to the team, while receiving visibility, brand awareness and communications exposure in Macedonia for the Brera FC brand.

 

“We are extremely pleased to continue working with Goran Pandev and the club he founded in 2010, and bring the Brera FC brand legacy to Macedonia,” said Alessandro Aleotti, Chief Strategy Officer for Brera Holdings and founder of Brera FC in Milan over twenty years ago. “We believe these top-division clubs in smaller countries have lower operational costs, with a significant savings of resources otherwise required to access the large cash prizes and linked investments,” Aleotti concluded.

 

“We think that following Brera’s acquisition of Akademija Pandev we can facilitate the exchange and transfer market of players from other clubs in Africa and South America, especially in the 18-21 age group,” said CEO Scalpelli. “The club is also eligible to register for major youth tournaments, such as the Viareggio tournament, in which it will have the opportunity to compete against teams of the same age group as the major international clubs, and which represent the best showcase for the sale of young players, with many potential transfer market opportunities.”

 

Although the North Macedonian Football Association’s rules caps foreign players to eight in league games, an unlimited number of foreign players may be registered to play for each team. As a candidate for European Union membership since 2005, North Macedonia remains a non-member of the EU and therefore does not currently require foreign players to hold EU passports.

 

Brera Holdings expects to enter into definitive agreements for the acquisition of Akademija Pandev and to close the acquisition within the first half of 2023.

 

About Brera Holdings PLC

 

Brera Holdings PLC is a Nasdaq-listed (Stock Ticker: BREA) Irish holding company focused on expanding social impact football (American soccer) by developing a global portfolio of emerging football clubs with increased opportunities to earn tournament prizes, gain sponsorships, and provide other professional football and 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. 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. The Company is focused on bottom-up value creation from sports clubs and talent outside mainstream markets, 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 certain 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 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, 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 United States Securities and Exchange Commission. 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 the forward-looking statements in this release, except in accordance with applicable law.

 

CONTACT INFORMATION:

FOR MEDIA AND INVESTOR RELATIONS

 

Outside Italy:

 

Daniel McClory, Executive Chairman Brera Holdings PLC dan@breraholdings.com

In Italy:

 

Sergio Scalpelli, CEO Brera Holdings PLC sergio@breraholdings.com

 

SOURCE:  Brera Holdings PLC

Brera Holdings PLC Celebrates its $7,500,000 IPO with Nasdaq Closing Bell Ceremony on February 9, 2023 in New York's Time Square

Italian Football Team Owner’s Shares Trading in the U.S. on Nasdaq: Ticker Symbol “BREA”

 

NEW YORK, DUBLIN and MILAN – February 13, 2023 – Brera Holdings PLC (“Brera Holdings” or the “Company”) (Nasdaq: BREA), owner of Brera Football Club (“Brera FC” or the “third team of Milan”), celebrated its recent IPO when Chief Executive Officer Sergio Scalpelli rang the closing bell of the Nasdaq Stock Market (“Nasdaq”) on Thursday, February 9, 2023, commemorating the Company’s recent $7,500,000 initial public offering (“IPO”) and listing of its Class B Ordinary Shares.  Brera Holdings is an Irish holding company focused on expanding social impact football (American soccer) by developing a global portfolio of emerging football clubs with increased opportunities to earn tournament prizes, gain sponsorships, and provide other professional football and related consulting services.

 

Mr. Scalpelli was joined in New York on the Nasdaq MarketSite stage by Brera Holdings’ founder, Chief Strategy Officer and director, Alessandro Aleotti, along with management, investors, and the Company’s entire Board of Directors, including newly-seated independent directors Chris Gardner, Goran Pandev, Alberto Libanori, and Pietro Bersani.

Brera Holdings’ Board with Founder Alessandro Aleotti at center right cheers the countdown to Nasdaq’s closing bell

 

Brera Holdings’ CEO Sergio Scalpelli displays the Brera FC scarf on the Nasdaq tower in New York’s Times Square

 

Revere Securities, LLC acted as the underwriter for the IPO, and was well represented at the ceremony, along with legal counsel teams from Bevilacqua PLLC, Carmel, Milazzo & Feil LLP, Arnold & Porter Kaye Scholer LLP, and the Company’s PCAOB auditor TAAD LLP. The IPO was priced on January 26, 2023 and closed on January 31, 2023. The Company’s Class B Ordinary Shares commenced trading on Nasdaq on January 27, 2023.

Brera Holdings’ closing ceremony was also promoted on Nasdaq’s social channels:
https://twitter.com/nasdaq
https://instagram.com/nasdaq
https://www.facebook.com/nasdaq

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Brera Holdings PLC

Brera Holdings PLC is an Irish holding company focused on expanding social impact football (American soccer) by developing a global portfolio of emerging football clubs with increased opportunities to earn tournament prizes, gain sponsorships, and provide other professional football and 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. 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. The Company is focused on bottom-up value creation from sports clubs and talent outside mainstream markets, 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 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, 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

Outside Italy:
Daniel McClory, Executive Chairman
Brera Holdings PLC
dan@breraholdings.com

In Italy:
Sergio Scalpelli, CEO
Brera Holdings PLC

sergio@breraholdings.com

 


Primary Logo

 

Source:  Brera Holdings PLC

Sign Up for FREE
Stock Alerts from

to be the first to know when this emerging company issues Breaking News!

About Brera Holdings PLC

Brera Holdings Limited is an Irish holding company focused on expanding social impact football by developing consulting and professional football services that build on the legacy and brand of Brera Football Club, or Brera FC.

 

Brera FC is a football club, founded in 2000, which, despite its amateur standing, is unanimously recognized as “the third team of Milan”. This definition does not derive from the football ranking, but rather from the strong media overexposure obtained in relation to the many projects, mainly with a social background, created through football. The brand’s notoriety indices – repeatedly measured and certified – are very significant and clearly define the perception of Brera as the third team in Milan. The focus of the club has always been the innovative use of football as a social, sporting, cultural and communicative experiment.

 

Following an initiative by American investors, Brera Holdings aims at setting up a development strategy whose goal is entering professional football. The choice, however, is not to climb the Italian football pyramid (an expensive, difficult and probably unrealistic project), but to rather create a sort of “global club” with headquarters in Milan and various Brera-branded clubs: from first or second division in European football minor countries; from even lower divisions in emerging football continents (Africa, Asia, South America): the first with a sustainability approach, due to a focus on the achievement of ambitious sporting goals and on transfer market, the latter with an ESG approach.

 

Brera Holdings therefore aspires to be a “Global Football Group” following the example of Manchester City, which has created teams with the “City” brand in various parts of the world. Unlike the City project, however, Brera will take different paths and will be much more focused on economic and social sustainability, thus countertrending the mainstream football approach.

Disclaimer

FN Media Group LLC (FNMG) owns and operates FinancialNewsMedia.com (FNM) which is a third party publisher that disseminates electronic information through multiple online media channels. FNMG’s intended purposes are to deliver market updates and news alerts issued from private and publicly trading companies as well as providing coverage and increased awareness for companies that issue press to the public via online newswires. FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. The companies that are discussed in this release may or may not have approved the statements made in this release. Information in this release is derived from a variety of sources that may or may not include the referenced company’s publicly disseminated information. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. While this information is believed to be reliable, such reliability cannot be guaranteed. FNMG disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. This release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. This release is not without bias, and is considered a conflict of interest if compensation has been received by FNMG for its dissemination. To comply with Section 17(b) of the Securities Act of 1933, FNMG shall always disclose any compensation it has received, or expects to receive in the future, for the dissemination of the information found herein on behalf of one or more of the companies mentioned in this release. For current services performed FNMG has been compensated forty five hundred dollars for Brera Holdings PLC current news coverage by the Company. 


FNMG HOLDS NO SHARES OF Brera Holdings PLC


This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.