Brera plans to acquire European first-division football team Akademija Pandev

Brera Holdings announced its first planned acquisition with the signing of a Letter of Intent, LOI, to acquire the European first division football team Fudbalski Klub Akademija Pandev in North Macedonia, a country which has the right to participate in the three major UEFA competitions. "This is an example of Brera Holdings implementing its international strategy to simultaneously pursue expansion and licensing of the Brera FC brand in Eastern Europe," said BREA CEO, Sergio Scalpelli, who continued, "through the Akademija Pandev acquisition and Brera renaming we intend to enhance the team’s performance, and ideally prepare players for the professional transfer market and obtain prizes related to participation rights in UEFA." Brera Holdings expects to enter into definitive agreements for the acquisition of Akademija Pandev and to close the acquisition within the first half of 2023.