Brera Holdings announces international expansion strategy

Following its Nasdaq IPO last Friday, Brera Holdings announced its international strategy to simultaneously pursue expansion and licensing of the Brera FC brand in Eastern Europe, Africa, and South America, through the potential acquisition and, where appropriate, renaming of football teams with the objective of enhancing the players on these teams to place them on the professional transfer market and obtain prizes related to participation rights in UEFA. Brera Holdings CEO Sergio Scalpelli commented, "We are currently negotiating confidential deals for top division clubs in various European countries, starting from North Macedonia, while exploring opportunities primarily in Africa, but also in South America and other non-European countries. The choice of countries is based upon an in-depth analysis of the football, regulatory and economic parameters that are key to our business model." There is a Sizeable Market for European Football Competition Prizes. In the European countries in which Brera Holdings intends to operate, the Company intends to pursue the UEFA competitions market with at least three top-division teams. There are three UEFA competitions: The Champions League, or the CL, the Europa League, or the EL, and the Europa Conference League, or the Conference. A base participation prize is awarded to each of the 32 clubs that are admitted to the "group stage" of each UEFA competition.