$Brera Holdings (BREA.US)$ LOS ANGELES - (NewMediaWire) - De...

$Brera Holdings (BREA.US)$ LOS ANGELES - (NewMediaWire) - December 30, 2024 - Brera Holdings (NASDAQ: BREA), a Nasdaq-listed company specializing in multi-club ownership of sports teams, announced its detailed three-step acquisition of a majority equity stake in Italian Serie B football club SS Juve Stabia. The historic 117-year-old club, currently ranked fourth in Serie B, aligns with Brera's strategy to enhance operational efficiencies and shareholder value through its multi-club framework. The acquisition, which involves investments in share capital and milestone-based incentives for current owner Andrea Langella, is expected to finalize by March 31, 2025, granting Brera ~52% ownership. Brera plans to leverage Juve Stabia's potential to capitalize on player trading, commercial growth, and potential promotion to Serie A.