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Brera Holdings Outlines Three-Step Process to Acquire Majority Equity Interest in Juve Stabia, Integrating the Serie B Team into its Multi-Club Model to Promote Value Creation with “The Second Team of Naples”
TeamTeam(US:TISI) GlobeNewswire News Room·2024-12-24 16:32

Core Viewpoint - Brera Holdings PLC is set to acquire a majority equity ownership interest in Italian Serie B football club SS Juve Stabia SpA through a structured three-step acquisition process, enhancing its multi-club ownership strategy and aiming for operational synergies and revenue growth [1][3][10]. Acquisition Process - The acquisition will occur in three steps, with Brera Holdings initially acquiring 22% ownership by December 31, 2024, followed by 38% and ultimately ~52% ownership by March 31, 2025, establishing Brera as the controlling shareholder [3][9]. - The acquisition includes a Share Purchase Agreement (SPA) that allows for cash payments and the issuance of Brera's shares, ensuring a seamless transition and continuity in club management [9][10]. Strategic Rationale - The acquisition aligns with Brera's focus on operational excellence and aims to capitalize on Juve Stabia's competitive success, including potential promotion to Serie A, which would enhance club revenue [4][10]. - Brera Holdings is committed to supporting Juve Stabia's ambitions both on and off the field, leveraging strategic partnerships and scalable operations to capitalize on emerging opportunities in the global football market [11]. Company Background - Brera Holdings has previously expanded its portfolio by acquiring various sports clubs, including a 90% stake in North Macedonian team Fudbalski Klub Akademija Pandev and a majority stake in UYBA Volley, an Italian women's volleyball team [12]. - The company aims to create a global portfolio of sports clubs, focusing on social impact and innovative growth strategies, building on its legacy from Brera FC, which it acquired in 2022 [18].