- Brera Holdings, an Ireland-based, international holding company with a global portfolio of men’s and women’s sports clubs, just closed the second of three stages in its previously announced acquisition agreement for a 52% stake in SS Juve Stabia srl
- This brings its current ownership stake to 34.62%, up from 21.74% in an initial transaction that closed on Dec. 31, 2024
- With the successful closing of this transaction, Brera Holdings is on track to close the last of the stages on March 31, 2025, becoming the club’s majority shareholder, and enabling its immediate integration into the company’s multi-club framework
Brera Holdings (NASDAQ: BREA), an Ireland-based, international holding company focused on expanding its global portfolio of men’s and women’s sports clubs through a multi-club ownership (“MCO”) approach, just closed the second stage in its acquisition agreement for a 52% stake in SS Juve Stabia srl. This brings its current ownership stake to 34.62%, up from the 21.74% level that closed on Dec. 31, 2024.
“This expanded ownership stake demonstrates our commitment to building a leading multi-club ownership platform,” noted Daniel McClory, Brera Holdings’ Executive Chairman (https://ibn.fm/u4krn).
Brera Holdings signed an exclusive letter of intent (“LOI”) to acquire the club on Sept. 9, 2024. At the time, this signing served as a defining moment for the company, seeing as an investment in an Italian Serie B club would not only elevate its portfolio but also underscore its commitment to making pro sports team ownership accessible to a broader audience. From a revenue generation standpoint, this acquisition was set to open significant new avenues for investment and fan engagement, reinforcing Brera’s dedication to redefining sports ownership.
Juve Stabia has a rich legacy spanning over decades. Known as “The Second Team of Naples,” Juve Stabia has stamped its position in the Italian football landscape and is seen as having the potential to win major leagues in Europe. Brera Holdings’ interest in the club is a testament to this potential. It also showcases the company’s understanding of the Italian football landscape and the value yet to be tapped.
“Juve Stabia’s rich history and competitive potential align perfectly with our strategy to scale operations and drive long-term value. We’re excited to support the club’s continued growth and success in Serie B alongside President Andrea Langella,” noted Mr. McClory (https://ibn.fm/u4krn).
With the successful completion of this stage of the acquisition process, Brera Holdings is on track to close the last transaction, scheduled for March 31, 2025. Once closed, this acquisition will bring Brera’s ownership stake to ~52%, making it the club’s majority shareholder. This will enable the immediate integration of Juve Stabia into the company’s multi-club framework while guaranteeing a seamless transition and continuity in club management going forward. Brera Holdings’ acquisition of Juve Stabia speaks to the company’s ambitions to become a leading powerhouse in the sports space, along with its commitment to enhancing revenue growth and creating long-term value for its shareholders.
For company information, visit the company’s website at www.BreraHoldings.com.
NOTE TO INVESTORS: The latest news and updates relating to BREA are available in the company’s newsroom at https://ibn.fm/BREA
