Brera Holdings PLC is in the pre-acquisition due diligence phase for a potential acquisition of a football club in the Italian Serie BKT. The company, which is publicly traded on Nasdaq under the ticker BREA, is involved in developing a global portfolio of emerging football and sports clubs. Brera’s management team, led by CEO Pierre Galoppi and including legal and financial advisers, is collaborating with high-caliber clubs boasting strong fan bases, excellent player talents, and solid infrastructure. The company’s strategy aims to harness its public capital resources to turn these clubs into future champions of Italian football. Brera Holdings has previously expanded its footprint by acquiring various sports clubs globally, including assets in Mozambique, North Macedonia, and the UK, among others. The company also runs the FENIX Trophy, a pan-European amateur football competition. Presently, Brera is under non-disclosure agreements and refrains from revealing specific details about its ongoing acquisition endeavors.
Private Equity, Sports Management,Italy, Global
https://www.globenewswire.com/news-release/2024/06/04/2893059/0/en/Brera-Holdings-PLC-Currently-in-Diligence-Phase-to-Buy-Serie-B-Italian-Professional-Football-Club.html