AllStar Health Brands Inc. Acquires Major Interest in Italian Football Club Sanremo; Expands Sports Operations to North America

Rhea-AI Summary

AllStar Health Brands Inc. (ALST) acquires a 50% stake in the Italian Football Club, Sanremo, with plans for sports expansion in the United States and Canada. The partnership includes a $500,000 fund for youth soccer programs and a stadium redevelopment project in Liguria, Italy.

MIAMI, FL / ACCESSWIRE / February 21, 2024 / AllStar Health Brands Inc (OTC PINK:ALST) ("AllStar" or "the Company") announces that its affiliate, Allstar Global Brands, has finalized an agreement to acquire the esteemed Italian Football Club, Sanremo. Under this arrangement, AllStar will gain a 50% ownership stake in the professional soccer team's operations. The initiative extends to the United States and Canada, with a dedicated fund of $500,000 USD allocated for youth soccer programs. Concurrently, the Sanremese Football Club has unveiled a comprehensive redevelopment plan for the Sanremo Municipal Stadium, aiming to transform it into the Sanremo Arena in Liguria, Italy. Sanremese represents a cherished soccer legacy spanning generation.

Alessandro Masu, the president of Sanremse, is an enthusiastic leader seeking a suitable North American partner to spearhead sports expansion beyond Italy's borders. This collaboration will enable AllStar to establish sports complexes in the United States and Canada, providing cutting-edge athletic training to aspiring male and female soccer players. The goal is to enhance their skills and pave the way for potential advancement into collegiate soccer programs, Major League Soccer (MLS), and/or top-tier professional football leagues in the European Union.

AllStar Health Brands Inc.:
AllStar Health Brands Inc., founded in 2017 as a Nevada Corporation, is based in Miami, Florida. It specializes in healthcare products aimed at enhancing health and enhancing quality of life. With a focus on nutritional supplements, over-the-counter remedies, and medications, AllStar serves markets in North America and Europe. The company is committed to expanding its product offerings, introducing innovative solutions for improved human health, and fostering growth through acquisitions, mergers, and collaborations.

For more information please contact:
Peter Wanner, CEO AllStarHealth Brands, Inc (ALST)
Tel: 416.918.6987
email: peterw@allstarhealthbrands.com

SOURCE: Allstar Health Brands, Inc.

View the original press release on accesswire.com

FAQ

What stake does AllStar Health Brands Inc. (ALST) acquire in the Italian Football Club, Sanremo?

AllStar Health Brands Inc. (ALST) gains a 50% ownership stake in the operations of the professional soccer team.

What is the dedicated fund allocated by AllStar Health Brands Inc. (ALST) for youth soccer programs?

AllStar Health Brands Inc. (ALST) has allocated $500,000 USD for youth soccer programs in the United States and Canada.

Where is the Sanremo Arena redevelopment project taking place?

The Sanremo Arena redevelopment project is set to transform the Sanremo Municipal Stadium in Liguria, Italy.

Who is the president of Sanremese Football Club?

Alessandro Masu is the president of Sanremese Football Club.

What is the goal of the collaboration between AllStar Health Brands Inc. (ALST) and Sanremese?

The collaboration aims to establish sports complexes in the United States and Canada to provide advanced athletic training for male and female soccer players.

Where is AllStar Health Brands Inc. (ALST) headquartered?

AllStar Health Brands Inc. (ALST) is based in Miami, Florida.

What products does AllStar Health Brands Inc. (ALST) specialize in?

AllStar Health Brands Inc. (ALST) specializes in healthcare products such as nutritional supplements, over-the-counter remedies, and medications.

When was AllStar Health Brands Inc. (ALST) founded?

AllStar Health Brands Inc. (ALST) was founded in 2017 as a Nevada Corporation.