Brera Holdings PLC Class B Ordinary Shares - BREA STOCK NEWS

Brera Holdings PLC has announced the Second Edition of the FENIX Trophy, a UEFA-recognized social impact soccer tournament, set for June 2023. This tournament features 9 non-professional European clubs, emphasizing social and cultural significance. The participating clubs include Brera FC (Italy), FC United of Manchester (UK), and others. The previous winner was FC United of Manchester. The host city for the 'Final Four' will be revealed by April 30, 2023. The event aims to foster community bonds and sportsmanship while promoting innovative football models. Matches will be streamed live on YouTube.

Brera Holdings PLC (Nasdaq: BREA) has launched its eSports initiative with the formation of Brera FC's FIFA® 23 Pro Clubs™ team, marking its entry into a niche market where only 56 clubs in Italy participate.

The team will compete in the LND E-Sport Cup, with their next match against Palermo FC on April 6, 2023. Brera's squad consists of approximately twenty professional gamers, reflecting the growing popularity of eSports, which saw 532 million global viewers in 2022. In Italy, 475,000 people follow eSports daily, widening to 1.62 million if considering frequent viewers.

This strategic move aims to solidify Brera's innovative stance in Italian football and capitalize on the lucrative eSports market.

Brera Holdings PLC has announced the launch of its first African football club, Brera Tchumene, in Maputo, Mozambique. This club is now a part of the Second Division Championship, targeting promotion to the First Division. The initiative aligns with Brera's strategy to scout and develop young football talent in Mozambique for potential transfer to European clubs. The club will be based in a modern sports center established by transport tycoon Junaide Lalgy. The debut match is scheduled for April 16, 2023, as Brera aims to expand its operations in emerging markets while creating social impact through local partnerships.

Brera Holdings (Nasdaq: BREA) announced a Letter of Intent to acquire the North Macedonian football club Akademija Pandev, aiming to enhance the team's performance and expand the Brera FC brand in Eastern Europe. The acquisition aligns with Brera's strategy to tap into UEFA competitions, which offer substantial prizes ranging from $3 million to $15 million. CEO Sergio Scalpelli highlighted the potential for player exchanges with Africa and South America and the club's eligibility for youth tournaments. Definitive agreements are expected within the first half of 2023.

Brera Holdings PLC (Nasdaq: BREA), owner of Brera Football Club, celebrated its initial public offering (IPO) of $7.5 million on February 9, 2023, with CEO Sergio Scalpelli ringing the Nasdaq closing bell. This milestone marks the company's commitment to expanding social impact football and its portfolio of emerging football clubs. The company commenced trading on Nasdaq on January 27, 2023, following its IPO pricing on January 26, 2023. Brera Holdings aims to develop opportunities for tournament prizes and sponsorships in professional football.

Brera Holdings PLC has successfully closed its initial public offering (IPO) on Nasdaq under the ticker symbol BREA, raising $7.5 million with the sale of 1.5 million Class B Ordinary Shares at $5.00 per share. The IPO, led by underwriter Revere Securities, was registered with the SEC and went effective on January 26, 2023. Brera Holdings aims to expand social impact football by developing emerging football clubs, enhancing tournament earnings and sponsorship opportunities. This offering enables the company to leverage its legacy and brand associated with Brera FC, the first club acquired by the company.

Brera Holdings announced an international expansion strategy following its Nasdaq IPO, targeting football clubs in Eastern Europe, Africa, and South America. The aim is to enhance participating teams for entry into UEFA competitions, potentially securing prizes from $3 million to $15 million. The CEO highlighted negotiations for top division clubs, beginning with North Macedonia. The company plans to acquire clubs based on regulatory and economic analysis to optimize profits from lower operating costs, aiming to scout talent globally. Participation prizes in UEFA competitions can be significant, particularly for smaller clubs.