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Stock impact report

Brera Holdings PLC Currently in Diligence Phase to Buy Serie B Italian Professional Football Club [Yahoo! Finance]

Brera Holdings PLC (BREA) 
Company Research Source: Yahoo! Finance
the “Company”) (Nasdaq: BREA) reiterates that it is currently in the pre-acquisition due diligence phase for the potential acquisition of a football (American soccer) club in the Italian Serie BKT, managed by Lega Nazionale Professionisti Serie B (“Serie B”). Brera's management team, including Maria Xing (formerly of 777 Partners), in conjunction with its legal and financial due diligence advisors, has been actively working with several prospective clubs for potential acquisition by the Company, the first publicly-traded multi-club ownership (“MCO”) company in global football. “The clubs we are in discussions with are high caliber targets, with avid fan bases, excellent player talent and academy potential, good infrastructure, and iconic Italian football legacies,” stated Brera CEO Pierre Galoppi. “We look forward to helping them become a model for the future of Italian football by utilizing our talent and ongoing access to public capital via our Nasdaq listing to build the next g Show less Read more
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