DUBLIN, IRELAND AND MILAN, ITALY, March 6, 2024 (GLOBE NEWSWIRE) — Brera Holdings PLC (“Brera Holdings”, “Brera” or the “Company”) (Nasdaq: BREA) today announced that it has acquired Massimo Ferragamo from the Company. 's newly established top-level advisory board will lead the world's first publicly traded multi-club ownership (“MCO”) company in global football (American soccer).
Ferragamo joins recently named All-Star team members on the Advisory Board: Alan Rosenberg, Paul Tosetti, Giuseppe Rossi and Marshall Geller.
“In addition to leading one of the most famous global luxury fashion houses with his family, Massimo Ferragamo is also synonymous with a sophisticated lifestyle. That's why his valuable perspective will be shared with our all-star advisory board. Christopher Paul Gardner, Director of Brera and Chairman of the Compensation Committee, said: “As we continue to advance our MCO strategy, we are confident that Brera’s Advisory Board has a clear vision. I have been working diligently to demonstrate leadership.”
Massimo Ferragamo has been chairman of Ferragamo USA, Inc. since 2000, after serving as the company's president since 1985. Ferragamo is also vice president of the Lungarno Hotel Group and executive vice president of the Ferragamo Foundation. Other current and past officers and associations include: Director of Ferragamo Finanziaria SpA. Member of Yum!'s Board of Directors. Brands, Inc.; several board committees of Philip Morris International, Inc.; Director of the American-Italian Cancer Foundation. Director of Birks Group, Inc. Ferragamo was instrumental in introducing former Florentine footballer Giuseppe Rossi to the Brera Advisory Board.
“We are truly fortunate to be able to strengthen our already great Advisory Board and are delighted to welcome Massimo, Alain, Paul, Marshall and Giuseppe to the Brera Advisory Board at this exciting time. Each member bring diverse expertise, unique backgrounds and professional experience to the table. I look forward to receiving their valuable advice and am honored that they have chosen to join the Brera team. “I think so,” said Pierre Galloppi, Brera's chief executive officer.
About Brera Holdings PLC
Brera Holdings PLC (Nasdaq: BREA) is committed to serving society by developing a global portfolio of emerging football and other sports clubs that increase opportunities to win tournament prizes, obtain sponsorship and other professional football offerings. We are focused on growing our impact football (American soccer) business. We provide sports-related consulting services.
The Company aims to further develop the tradition and brand of Brera FC, the first football club acquired by the Company in 2022. Brera FC, known as “Milan's Third Team”, is an amateur football association and we own the trademarked Phoenix Trophy Tournament. It is a UEFA-sanctioned non-professional pan-European football competition, starting in September 2021 and hosted by Brera FC. “FENIX” is an abbreviation for “Friendly European Non-professional Innovative Xenial”. BBC Sport has dubbed the Phoenix Trophy the “Champions League for amateurs”, with Brera FC hosting the 2023 final at Milan's legendary San Siro Stadium. In October 2022, the Internet Marketing Association named Brera FC the winner of “Social Impact Through Football” at his IMPACT 22 conference, and this honor recognizes the company's focus on an international level.
In March 2023, the company expanded into Africa by establishing Brera Tyumene FC, and the team joined the second division of Mozambique, which has a population of approximately 32 million people. Brera Tyumene FC won the post-season tournament and was promoted to Mocambola in the Mozambique First Division in November 2023. In April 2023, the Company acquired 90% of the shares in Khudvarski Club Academia Pandev, a European First Division soccer team from North Macedonia that has the right to participate in the two major competitions of the Union of European Football Associations (“UEFA”).
In June 2023, Brera acquired a strategic stake in Manchester United PLC. In July 2023, the Company completed the acquisition of majority ownership of the Italian Serie A1 women's professional volleyball team UYBA Volley Ssdarl. In September 2023, the Company took over the management rights of Bayanzurkh Sporting Irhi FC, a team in the Mongolian National Premier League. When the football season resumes in March 2024, it will become Brela Irch FC. In January 2024, the Company announced the start of an active search for Italian Serie B soccer club targets with the aim of providing multi-club ownership at the highest level of professional sport. We reach the investing public through our Nasdaq-listed stock. We focus on bottom-up value creation from underrepresented sports clubs and talent, business growth through innovation, and outcomes that impact society.look www.breraholdings.com
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding our ability to grow our business and statements using words such as “intends,” “may,” “will,” “plans,” and “expects.” Contains other statements that are not historical facts. “anticipate,” “predict,” “predict,” “estimate,” “target,” “believe,” “hope,” “may” or similar words. Actual results will depend on many factors, including, but not limited to, our ability to continue as a going concern, the popularity and/or competitive success of our acquired soccer and other sports, and these future developments. They may differ materially from those expressed in the forward-looking statements. teams, our ability to attract players and staff to acquired clubs, the failure of acquisitions or other strategic transactions, the potential decline in the popularity of soccer and other sports, our ability to grow our fan base, sponsorship and commercial PARTNERS, GENERAL ECONOMY Terms and other risk factors detailed in our SEC filings. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company assumes no responsibility to update any such forward-looking statements except in accordance with applicable law. I am not responsible.
contact address:
Media and investor information
Pierre Galoppi, CEO
Brera Holdings PLC
pierre@breraholdings.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0b8335d4-d036-4717-9286-c4c38ec3cc1a.
