- Brera Holdings, an Ireland-based international holding company with a global portfolio of men’s and women’s sports clubs, has committed to a strategic investment in SS Juve Stabia, a historic Italian Serie B football club
- The investment looks to reinforce Juve Stabia’s sporting competitiveness in Serie B and beyond, in a 52-48 strategic shareholding with the current majority owner, XX Settembre srl, and the club’s President, Andrea Langella
- This stamps Brera’s presence in Italy, having invested previously in the professional volleyball space
- It bolsters the company’s global portfolio while stamping its position as a key player in the football space in Europe and beyond
Brera Holdings (NASDAQ: BREA), 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 approach, announced on Dec. 9 that it had committed to a strategic investment in SS Juve Stabia, the second team of Naples and a historic Italian Serie B football club. The share purchase agreement’s completion and the transaction’s initial conclusion are set to close by Dec. 31, 2024, according to the binding term sheet signed by the different parties involved.
“After a thorough analysis and negotiations with leading Serie B clubs, Brera Holdings is extremely proud to invest in Juve Stabia, an important club with an ideal partner in President Andrea Langella,” noted Daniel McClory, Brera’s Executive Chairman, Founder and…
NOTE TO INVESTORS: The latest news and updates relating to BREA are available in the company’s newsroom at https://ibn.fm/BREA
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