Brera Holdings Signs Exclusive Letter of Intent to Acquire Italian Serie B Football Club
Brera Holdings PLC - Class B Ordinary Shares (BREA)
Company Research
Source: GlobeNewswire
Dublin, Ireland and Milan, Italy, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Brera Holdings PLC (“Brera” or the “Company”) (Nasdaq: BREA), the only publicly traded multi-club ownership company focused on football (soccer), has announced that it signed an exclusive letter of intent to acquire an Italian Serie B club (the “LOI” and the “Club”). This expected strategic transaction reinforces Brera’s commitment to transforming and democratizing professional sports investment internationally and potentially offers the Company and its investors additional opportunities for increasing team-related revenue and capital appreciation from its intended investment in the Club. The Club’s current owners have accepted the LOI, and Brera is proceeding with confirmatory due diligence and preparation of the Share Purchase Agreement. This potential acquisition aligns with Nasdaq-listed Brera’s stated intention earlier this year to expand its portfolio of multi-club ownership in professional sports teams. A
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BREA
News
- IBN Coverage: Brera Holdings (NASDAQ: BREA) Positioned Amid Overall Positive Trends for Serie B Clubs in Italy [Yahoo! Finance]Yahoo! Finance
- Yahoo Finance [Yahoo! Finance]Yahoo! Finance
- Brera Holdings’ FENIX Trophy Weaves into the Fabric of Milan's Football Culture: Documentary Screening at OFFSIDE FOOTBALL FILM FESTIVAL 2024GlobeNewswire
- Brera Holdings Analysis: Valuations Soar in Italy's Serie B Pro Football League Amid Strong Performances and Long-Term Development in 2024/25 Season [Yahoo! Finance]Yahoo! Finance
- Brera Holdings Analysis: Valuations Soar in Italy’s Serie B Pro Football League Amid Strong Performances and Long-Term Development in 2024/25 SeasonGlobeNewswire
BREA
Sec Filings
- 10/1/24 - Form 6-K
- 9/27/24 - Form 6-K
- 9/10/24 - Form 6-K
- BREA's page on the SEC website