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Brera Holdings Announces Reverse Share Split to Regain Compliance with Nasdaq's Minimum Bid Price Rule
GlobeNewswire News Room· 2025-06-24 11:00
Core Viewpoint - Brera Holdings PLC announced a 1-for-10 reverse share split to comply with Nasdaq's minimum bid price requirement, consolidating its Class A and Class B Ordinary Shares [1][4]. Group 1: Reverse Share Split Details - The reverse share split will consolidate 50,000,000 Class A Ordinary Shares into 5,000,000 shares and 250,000,000 Class B Ordinary Shares into 25,000,000 shares [1][5]. - The effective date for the reverse share split is June 26, 2025, with trading on a split-adjusted basis commencing on that date [3]. - The new CUSIP number for Class B Ordinary Shares post-split will be G13311116 [3]. Group 2: Shareholder and Board Approval - The board of directors approved the reverse share split on May 21, 2025, and it received shareholder approval on June 14, 2025 [2]. Group 3: Impact on Shares and Equity Awards - The number of issued and outstanding Class A Ordinary Shares will decrease from approximately 6,338,000 to 633,800, and Class B Ordinary Shares from approximately 17,809,074 to 1,780,908 [5]. - The reverse share split will also adjust the number of shares issuable under equity awards, warrants, and convertible preferred shares, increasing the exercise or conversion price per share [5]. Group 4: Company Overview - Brera Holdings PLC focuses on expanding its global portfolio of sports clubs through a multi-club ownership strategy, with a commitment to social impact in football [8]. - The company has made significant acquisitions, including a majority stake in S.S. Juve Stabia, enhancing its multi-club ownership model [11]. - Brera Holdings has expanded into various regions, including Africa and North Macedonia, and has made strategic investments in notable football clubs [9][10].
Brera Holdings Completes Final Closing and Acquires 52 Percent Majority Ownership Stake in Storied Italian Serie B Football Club SS Juve Stabia srl “The Second Team of Naples”
GlobeNewswire News Room· 2025-06-23 12:00
Core Insights - Brera Holdings PLC has completed the acquisition of a 52% majority ownership stake in Italian Serie B football club SS Juve Stabia, marking a significant expansion of its multi-club ownership (MCO) strategy [1][7] - The acquisition aligns with Brera's strategic vision to enhance revenue growth, operational efficiencies, and long-term value creation through its MCO platform [2] Company Overview - Brera Holdings PLC is focused on expanding its global portfolio of men's and women's sports clubs, building on the legacy of Brera FC, and aims to create opportunities for tournament prizes, sponsorships, and professional consulting services [4][5] - The company has made several strategic investments, including establishing Brera Tchumene FC in Mozambique, acquiring a 90% stake in Fudbalski Klub Akademija Pandev in North Macedonia, and investing in Manchester United PLC [6] Strategic Goals - The investment in Juve Stabia is expected to leverage the club's strong foundation and competitive position, as the club placed fifth in the 2024-25 Serie B season and was close to Serie A promotion [3] - Brera Holdings aims to capitalize on player development opportunities and deliver robust contributions to its overall business and shareholders in 2025 and beyond [3]
Brera Holdings PLC (Nasdaq: BREA) and Toronto Blizzard Grassroots Soccer Partnership Targets Youth Sports, an Estimated $69 Billion Industry by 2030
Globenewswire· 2025-06-11 12:15
Core Insights - The youth sports market, valued at $37.5 billion in 2022, is projected to grow to $69.4 billion by 2030, indicating significant investment opportunities in this sector [1] - Brera Holdings PLC is focusing on expanding its portfolio of sports clubs through a multi-club ownership strategy, aiming to tap into both the youth sports and sports tourism markets [1][2] - The partnership between Brera Holdings and Toronto Blizzard aims to enhance youth soccer development by leveraging Brera's coaching methodologies and network of clubs across multiple continents [3][4] Company Overview - Brera Holdings PLC is an international holding company based in Ireland, dedicated to expanding its global portfolio of men's and women's sports clubs [1][9] - The company has made strategic acquisitions, including a 90% stake in Fudbalski Klub Akademija Pandev in North Macedonia and a majority stake in Juve Stabia, enhancing its multi-club ownership model [11][12] - Toronto Blizzard Corp., under the leadership of Joe Parolini, has been a prominent youth soccer organization since 1999, focusing on equal opportunities for girls and boys in soccer [8] Strategic Initiatives - The partnership will create pathways for young players aged 3 to 18 to develop their skills through exposure to Brera's clubs, including SS Juve Stabia and Brera Strumica FC [3][5] - Talent identification camps in Toronto and European training experiences are planned to begin in the summer of 2026, aiming to connect local talent with international opportunities [5][7] - The initiative is expected to enhance the competitive landscape of youth soccer in Ontario and strengthen ties with European clubs [7][8]
Brera Holdings PLC (Nasdaq: BREA) and Castellammare Salute Juve Stabia's Stellar Season and Semifinal Run in the Serie A Promotion Playoff;
GlobeNewswire News Room· 2025-06-04 12:30
Company Overview - Brera Holdings PLC is an Ireland-based international holding company focused on expanding its global portfolio of men's and women's sports clubs through a multi-club ownership strategy [5] - The company aims to create opportunities for tournament prizes, sponsorships, and professional consulting services, building on the legacy of Brera FC, which it acquired in 2022 [5] Recent Developments - Brera Holdings announced a €5,000,000 (US$5,850,000) subsidy from the Campagna Region for the refurbishment of Juve Stabia's Romeo Menti Stadium [3] - The company congratulated its portfolio team SS Juve Stabia for finishing 5th in Italy's Serie B Regular Season and advancing to the semifinals of the Serie A promotion playoffs [1][4] Strategic Investments - In March 2023, Brera expanded into Africa by establishing Brera Tchumene FC in Mozambique, which quickly rose to the First Division [6] - The company acquired a 90% stake in North Macedonian first-division team Fudbalski Klub Akademija Pandev, now known as Brera Strumica FC, in April 2023 [6] - Brera made a strategic investment in Manchester United PLC, realizing a 74% gain [6] - The company also acquired a majority stake in UYBA Volley, an Italian women's professional volleyball team, and established a joint stock company for the North Macedonian women's football club Tiverija Strumica [6] Ownership and Equity - As of December 31, 2024, Brera executed an agreement to acquire a majority stake in Juve Stabia srl, marking a significant expansion of the company's multi-club ownership model [7] - As of February 12, 2025, Brera holds a 38.46% equity ownership interest in Juve Stabia [7]
Brera Holdings PLC (Nasdaq: BREA) and Toronto Blizzard Plan Grassroots Soccer Partnership Launch for Canada and Three Continents
Globenewswire· 2025-05-29 13:45
Core Perspective - Brera Holdings PLC has partnered with Toronto Blizzard Corp. to establish a comprehensive grassroots soccer program aimed at developing young players in North America and beyond, leveraging existing coaching methodologies and networks from both organizations [2][4][10]. Company Overview - Brera Holdings PLC is an international holding company focused on expanding its portfolio of men's and women's sports clubs through a multi-club ownership strategy [1][11]. - The company has made significant acquisitions, including a 90% stake in North Macedonian team Fudbalski Klub Akademija Pandev, now known as Brera Strumica FC, and a majority stake in Italian Serie B club Juve Stabia [12][13]. Partnership Details - The partnership will utilize the Blizzard Development Academy and Brera's network of professional clubs to create pathways for young players aged 3 to 18, including talent identification camps and European training experiences [3][6][10]. - Joe Parolini, the owner and coach of Toronto Blizzard, has been appointed as an advisor to Brera Holdings and will develop a strategic plan for the partnership [5][10]. Strategic Goals - The initiative aims to provide equal opportunities for both boys and girls in soccer, building on the historical focus of Toronto Blizzard on girls' soccer [5][10]. - The program will include friendly matches between Brera clubs and Canadian professional teams, with plans to begin in 2026 [6][8]. Coaching and Development - Brera and Toronto Blizzard coaches will maintain ongoing communication to assess player development and innovate training models [9]. - The partnership is expected to enhance the coaching philosophies shared between the organizations, benefiting young talent in Ontario and beyond [8][9].
Scotland triumphs on Italy’s Lake Iseo: Caledonian Braves win fourth edition of the FENIX Trophy, a Brera Holdings event property called “Champions League for amateurs” by BBC Sport
Globenewswire· 2025-05-28 12:00
Core Insights - Brera Holdings PLC announced that Caledonia Braves won the Fenix Trophy, defeating FC United of Manchester 3-1 in the finals [1][8][10] - The Fenix Trophy is recognized by UEFA and has been referred to as the "Champions League for amateurs" by BBC Sport, featuring 16 non-professional teams from 12 European countries [2][16] Company Overview - Brera Holdings PLC is focused on expanding its global portfolio of football clubs through a multi-club ownership strategy, having acquired Brera FC in 2022 [16] - The company aims to create opportunities for tournament prizes, sponsorships, and professional consulting services, emphasizing social impact in football [16] Fenix Trophy Details - The Fenix Trophy, organized by Brera FC, has become a significant international event for non-professional clubs, highlighting social, historical, and cultural aspects [4][5] - The tournament's format includes knockout rounds with clubs from 14 different countries, showcasing a cooperative network among European cities [5][11] Social and Cultural Impact - The Fenix Trophy promotes sporting exchange and best practices in non-professional football, focusing on community bonds, sustainability, and friendship among clubs [6][12] - The trophy symbolizes rebirth and innovation in football, aiming to create a friendly environment distinct from professional tournaments [7][13] Recent Developments - Brera Holdings has expanded its portfolio by establishing clubs in Africa and acquiring stakes in various teams, including a 90% stake in a North Macedonian team and a majority stake in Juve Stabia [17][18]
Juve Stabia Wins First Match in Serie A Playoff Semifinal 2-1 Against Cremonese; Second Leg to be Broadcast Live in English via Destination Calcio TV Sunday
GlobeNewswire News Room· 2025-05-23 12:00
Group 1 - Brera Holdings PLC is focused on expanding its global portfolio of men's and women's football clubs through a multi-club ownership strategy, with Juve Stabia being a key part of this strategy [2][8] - The live streaming of Juve Stabia's Serie A playoff match on Destination Calcio TV highlights the club's growing international profile and demand [2][3] - Juve Stabia's recent performance, including a 2-1 victory in the semifinal opener and finishing 5th in the Serie B standings, showcases the club's competitive potential [4][5] Group 2 - Brera Holdings aims to enhance international media visibility, matchday revenue growth, and community engagement to build sustainable football brands [5] - The company has made strategic investments and acquisitions, including a 90% stake in Fudbalski Klub Akademija Pandev and a majority stake in UYBA Volley, diversifying its portfolio [7] - The acquisition of a majority stake in Juve Stabia marks a significant expansion of Brera's multi-club ownership model, with a current 38.46% equity ownership interest [8]
Juve Stabia Wins First Match in Serie A Playoff Semifinal 2-1 Against Cremonese; Second Leg to be Broadcast Live in English via Destination Calcio TV Sunday
Globenewswire· 2025-05-23 12:00
Core Viewpoint - Brera Holdings is enhancing its international profile through the live streaming of S.S. Juve Stabia's Serie A playoff matches, reflecting the growing demand for community-rooted football clubs globally [5][6][7]. Group 1: Company Strategy and Growth - Brera Holdings is focused on expanding its global portfolio of football clubs through a multi-club ownership strategy, aiming to increase media visibility, matchday revenue, and community engagement [5][8]. - The company has made significant investments in various football clubs, including acquiring a majority stake in Juve Stabia, which is part of its strategy to create a sustainable and recognized football brand [11][12]. - Brera Holdings has diversified its portfolio by acquiring stakes in clubs across different regions, including Africa and North Macedonia, and has also invested in women's sports [10][12]. Group 2: Market Engagement and Audience Growth - The live streaming of Juve Stabia's matches on Destination Calcio TV is aimed at growing the club's fan base in the U.S., Canada, and the UK, showcasing competitive football that appeals to international audiences [6][7][8]. - Juve Stabia's recent performance, including a 2-1 victory in the semifinal opener, positions the club as an exciting option for fans seeking authentic football experiences beyond traditional powerhouses [7][8]. - The ability for fans to access matches with English commentary is a strategic move to deepen global connections and prepare for future growth opportunities [8].
Juve Stabia Advances in Serie A Playoffs; Semifinal Match at Cremonese to be Broadcast Live in English via Destination Calcio TV Today
GlobeNewswire News Room· 2025-05-21 12:00
Core Insights - Brera Holdings PLC is expanding its international presence through its multi-club ownership strategy, with a focus on increasing the visibility of its football clubs, particularly S.S. Juve Stabia, in key markets like the U.S., Canada, and the UK [2][3][4] Group 1: Company Strategy and Expansion - The live streaming of Juve Stabia's Serie A playoff match on Destination Calcio TV highlights the club's growing international profile and aligns with Brera Holdings' strategy to expand its footprint [2][3] - Brera Holdings aims to build sustainable, globally recognized football brands by prioritizing international media visibility, matchday revenue growth, and community engagement [5] - The company has made significant acquisitions and investments, including a 90% stake in Fudbalski Klub Akademija Pandev and a majority stake in UYBA Volley, diversifying its portfolio across different sports [7][8] Group 2: Performance and Market Position - Juve Stabia finished 5th in the Serie B standings and won its opening playoff match against Palermo, showcasing the club's competitive performance [4] - The club's strategy to reach international audiences is part of a broader trend in football towards the internationalization of media rights, catering to fans seeking authentic stories beyond traditional clubs [4][5] Group 3: Future Growth Opportunities - Brera Holdings is focused on creating opportunities for tournament prizes, sponsorships, and professional consulting services, aiming for innovation-driven growth and social impact [6][8] - The acquisition of Juve Stabia marks a significant step in the company's multi-club ownership model, with a strategic emphasis on bottom-up value creation [8]
Brera PLC(BREA) - 2024 Q4 - Annual Report
2025-05-15 21:29
Acquisition and Ownership - Brera Holdings acquired approximately 38% of the Italian Serie B football club Juve Stabia as of December 2024, with plans to increase ownership to 51.73% by March 2025[281]. - The company acquired 90% of Fudbalski Klub Akademija Pandev in North Macedonia, rebranding it as Brera Strumica FC, which participates in major UEFA competitions[272]. - Brera Holdings established Brera Tchumene FC in Mozambique, which was promoted to the First Division for Mozambique (Mocambola) for the 2024 season[272]. - Brera Holdings plans to increase the share capital of Juve Stabia by an aggregate amount of €4,500,000 as part of its acquisition strategy[281]. - The company aims to create a "Global Sports Group" portfolio, acquiring top-division football and other sports teams in emerging markets[279]. Financial Performance - Revenue for the year ended December 31, 2024, was €2,886,118, representing an increase of €1,738,626 or 152% compared to €1,147,492 in 2023[294]. - The largest revenue streams for 2024 included sponsorships (€1,494,815), player transfers (€406,988), consulting (€275,000), and media rights (€243,000)[294]. - Operating loss for 2024 was €5,556,040, an increase of €184,873 or 3% compared to €5,371,167 in 2023[299]. - Net loss for 2024 was €5,048,861, an increase of €137,196 or 3% from €4,911,665 in 2023[304]. - Income from grants and donations rose by €219,731 or 65% to €556,580 in 2024, attributed to increased grants received by subsidiary FKAP[300]. Cash Flow and Capital - Cash and cash equivalents as of December 31, 2024, were €1,531,994, down from €2,293,518 in 2023[306]. - Net cash used in operating activities was €3,121,362 for 2024, an increase of €702,838 from €2,418,524 in 2023[318][319]. - The company had net cash provided by financing activities of €2,677,144 in 2024, a significant decrease from €6,364,969 in 2023[318][322]. - The company completed a private placement offering in December 2024, selling 545,000 Series A Preferred Shares for total gross proceeds of $2,725,000 (approximately €2,622,966)[308]. - The company completed a private placement offering, selling 731,400 Series A Preferred Shares at $5.00 per share, generating total gross proceeds of $3,657,000[314]. Expenses and Liabilities - General and administrative expenses increased by €1,801,950 or 28% to €8,219,732 in 2024, primarily due to increased business activity and full-year expenses from major subsidiaries[298]. - Finance costs surged by €68,700 or 1,755% to €72,614 in 2024, mainly due to interest on lease liabilities and long-term debt[301]. - The company incurred a net loss of €5,048,861 for the year ended December 31, 2024, compared to a net loss of €4,911,665 in 2023, reflecting an increase of €137,196[312][319]. - The company’s future contractual obligations total €1,241,048 as of December 31, 2024, primarily related to operating lease commitments and contingent considerations[323]. Market and Growth Opportunities - The global football market is projected to grow from $1.8 billion in 2019 to $3.8 billion by 2027, indicating significant growth opportunities for Brera Holdings[274]. - The FENIX Trophy, a non-professional pan-European football tournament, expanded to twelve clubs for the 2023-2024 season, with plans for sixteen clubs in the 2024-2025 tournament[276]. - The company is focused on bottom-up value creation from undervalued sports clubs and talent, with future revenues expected from consulting opportunities and tournament prizes[280]. Risks and Legal Matters - The company is currently not involved in any material legal proceedings or claims[327]. - The company is exposed to market risks including interest rate risk and foreign currency exchange risk, with a focus on minimizing potential adverse effects on financial performance[470]. - Two customers accounted for 23% of the company's total revenue for the year ended December 31, 2024, indicating a concentration risk[478].