Business
Brera Holdings Establishes Joint Stock Company Women’s Football Club Tiverija Brera AD Strumica
The establishment of this joint stock company controlled by Brera Holdings is a milestone for women’s sports in North Macedonia – the first of its kind –
About this update from Brera Holdings Plc
[{"type":"text","content":"The establishment of this joint stock company controlled by Brera Holdings is a milestone for women’s sports in North Macedonia – the first of its kind – showcasing Brera’s ongoing commitment to gender equity and social impact\n Formerly known as Association for Sport Women’s Football Club Tiverija Strumica, the newly renamed Brera Tiverija team were paid a visit from Pierre Galoppi, CEO of Brera Holdings, and Goran Pandev, President of Brera Strumica and North Macedonia sporting legend. Brera Holdings is committed to investing in women’s football and supporting Tiverija’s growth story. DUBLIN, Ireland and MILAN, Italy, July 23, 2024 (GLOBE NEWSWIRE) -- Brera Holdings PLC (\"Brera Holdings,\" “Brera” or the “Company”) (Nasdaq: BREA), the first publicly-listed football (American soccer) focused company in the world of professional sports multi-club ownership and investment, is pleased to announce that as of June 13, 2024, the North Macedonian women’s football club (the “WFC”), which previously competed under the Association for Sport Women's Football Club Tiverija Strumica, has officially become part of the Brera family with the establishment of a joint-stock company controlled by Brera Holdings called Joint Stock Company Women's Football Club Tiverija Brera AD Strumica (“Brera Tiverija”). Brera Tiverija is now a wholly-owned subsidiary of Brera Strumica FC (“Brera Strumica”), the North Macedonian men’s football club 90%-owned by Brera Holdings. This is a landmark transaction that marks a first in women’s football in North Macedonia, showing Brera Holdings’ ongoing dedication and commitment to investing in women’s sports, gender equity, and social impact globally. As part of Brera Strumica, Brera Tiverija will continue to build upon the work that Brera Strumica President Goran Pandev has done in North Macedonia towards professionalizing the sport in the country. Brera Tiverija is the first joint-stock company in women’s football in North Macedonia, and Brera Holdings is also the first foreign investor in women's football in North Macedonia. The move away from an association ownership will open the door for future investment into Brera Tiverija. “I am incredibly excited for the big changes we are making. We are taking a big step in our growth story in becoming part of the greater Brera family. Our partnership will foster professio...