FIGC, the governing body of Italian football, has completed its review and approved Brera Holdings’ acquisition of a stake in S.S. Juve Stabia S.r.l.
Brera Holdings PLC (“Brera Holdings” or the “Company”) (Nasdaq: BREA), an Ireland-based international holding company focused on expanding its global portfolio of men’s and women’s football clubs through a multi-club ownership (“MCO”) strategy, today announced that the Italian Football Federation (“FIGC”) has officially completed its review and approved the Company’s acquisition of a stake in S.S. Juve Stabia S.r.l. (“Juve Stabia”), a professional football club currently competing in Italy’s Serie B.
Following a comprehensive regulatory process conducted by the FIGC’s Commissione Acquisizioni Partecipazioni Societarie (the “Commission”), the Commission confirmed that Brera Holdings satisfies the standards of financial soundness and reputational integrity required by FIGC’s regulations. This positive outcome, which aligns with the governance, compliance, and disclosure standards required of a Nasdaq-listed public company, has now been submitted to the relevant federal bodies for final administrative formalities.
“We are delighted to receive formal approval from FIGC for our acquisition of a stake in Juve Stabia,” said Daniel McClory, Executive Chairman of Brera Holdings. “This marks a significant step forward in our mission to complete acquisition of a majority stake in the Juve Stabia, and develop a world-class, interconnected network of football clubs. Juve Stabia’s proud heritage and deep roots in its community make it a natural and exciting addition to our growing global platform.”
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