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Brera Holdings PLC ("Brera Holdings," "Brera" or the "Company") (NASDAQ:BREA) provides an update concerning its potential next professional sports club acquisition.
Brera's management team, in consultation with its newly assembled all-star advisory board, has been leveraging their sports and financial industry relationships to further Brera's goal of becoming the world's top publicly-listed multi-club ownership ("MCO") company for football (American soccer). Currently, Brera is in late-stage negotiations with professional football acquisition targets and is engaged in substantive discussions with several additional teams, including premium league targets.
"The acquisition of a professional football club will demonstrate our ability to execute the MCO model at the highest level, and we are eager to announce the transaction details when finalized," said Brera Holdings CEO, Pierre Galoppi. "In addition to acquiring clubs that have significant upside potential, our goal is to partner with clubs that share our fundamental belief in player culture and development. By aligning Brera with high profile clubs and partners who share our vision, we believe it will unlock several layers of player progression and deliver new revenue streams by building champions, as opposed to buying them," Mr. Galoppi concluded.
Posted In: BREA
