Brera Holdings PLC (NASDAQ: BREA) has made a strategic move by investing in SS Juve Stabia, a historic Serie B football club with a rich tradition spanning over a century. This investment, expected to finalize by December 31, 2024, will establish a 52-48 shareholding partnership with the current majority owner, XX Settembre srl. The deal underscores Brera Holdings' ambition to expand its footprint in the global sports industry through strategic acquisitions.
Daniel McClory, Executive Chairman of Brera Holdings, highlighted the strategic value of SS Juve Stabia, pointing to its advantageous location in the Naples metropolitan area and its proximity to iconic cultural landmarks such as Pompeii and the Amalfi Coast. This investment is a cornerstone of Brera Holdings' strategy to build a diverse portfolio of football clubs across three continents, leveraging the global appeal of the sport to drive growth and profitability.
Andrea Langella, Club President of SS Juve Stabia, expressed optimism about the partnership, envisioning enhanced financial stability and greater international visibility for the club. The collaboration is set to open new avenues for player development within Brera Holdings' expanding sports network, offering young talents opportunities to shine on a global stage.
Brera Holdings PLC is dedicated to cultivating a worldwide network of emerging football and sports clubs, aiming to capitalize on tournament earnings, sponsorships, and professional sports consulting services. The acquisition of a stake in Juve Stabia reflects the company's commitment to investing in sports entities with the potential for sustainable growth and positive societal impact. Further details regarding the transaction will be made available in Brera Holdings' forthcoming SEC filings.
