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0.245098039215686 0.333333333333333 0.0980392156862744 -0.067156862745098 -0.0723529411764707 -0.100980392156863 -0.142254901960784 -0.230033333333333
Stock impact report

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 Show less Read more
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