Business
Brera Holdings PLC Announces Third Closing in Majority Acquisition of SS Juve Stabia; Ownership of The Second Team of Naples Increases to 38.46% of the Iconic Serie B Club
The Juve Stabia team achieved a decisive 3-1 win over rivals Bari on Sunday, February 9 and currently sits in sixth place in the Serie B standings Dublin,
About this update from Brera Holdings Plc
[{"type":"text","content":" The Juve Stabia team achieved a decisive 3-1 win over rivals Bari on Sunday, February 9 and currently sits in sixth place in the Serie B standings Dublin, Ireland, and Milan, Italy, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Brera Holdings PLC (“Brera Holdings” or the “Company”) (Nasdaq: BREA), an Ireland-based, Nasdaq-listed, international holding company focused on expanding its global portfolio of men's and women's sports clubs through a multi-club ownership (“MCO”) approach, today announced the third closing in its multi-step transaction to acquire a majority stake in S.S. Juve Stabia srl (“Juve Stabia” or the “Club”). Following this closing, Brera Holdings now holds a 38.46% equity ownership interest in Juve Stabia, “The Second Team of Naples”, which is currently positioned in a playoff-qualifying sixth place in the Serie B standings. The third closing involved the acquisition of shares from the holding company of Andrea Langella, current President of Juve Stabia, further solidifying Brera’s strategic commitment to the Club and its long-term growth. “We are pleased to take another significant step forward in our acquisition of Juve Stabia,” said Daniel McClory, Executive Chairman of Brera Holdings. “This investment aligns with our vision of building a competitive and sustainable multi-club portfolio, leveraging synergies across our international network. Juve Stabia’s strong performance in Serie B underscores the potential we see in this historic club, and we remain committed to supporting its continued success.” The acquisition of Juve Stabia marks another milestone in Brera Holdings’ ambitious expansion strategy. By integrating the Club into its global football ecosystem, Brera Holdings aims to enhance player development, operational efficiencies, and commercial opportunities. Brera Holdings continues to execute its multi-step acquisition plan. Upon final closing, which has a target date of March 31, 2025, Brera Holdings will own 51.73% of the Club’s issued corporate capital. ABOUT BRERA HOLDINGS PLC Brera Holdings PLC (Nasdaq: BREA) is dedicated to expanding its social impact football business by developing a global portfolio of emerging football and sports clubs. Building on the legacy of Brera FC, which it acquired in 2022, the Company aims to create opportunities for tournament prizes, sponsorships, and professional consultin...