Brera Holdings Plans on Using Latest High-Profile Investment in Publicly-Traded Sports Company to Increase Its Industry Profile

Sir Jim Ratcliffe to Acquire up to 25% Stake in Manchester United

MANCHESTER, United Kingdom and DUBLIN, Ireland and MILAN, Italy, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Brera Holdings PLC (“Brera Holdings”, “Brera” or the “Company”) (Nasdaq: BREA), which one year ago became the first Italian football team to IPO on Nasdaq, is now bringing multi-club ownership (“MCO”) to its shareholders and investors worldwide. Brera is the only publicly-listed MCO company in the world today, holding six assets in its professional sports team portfolio.

Brera endeavors to strategically build shareholder value through the continuous pursuit and acquisition of sports clubs. This expansion effort aims to substantially strengthen the Company’s capacity for player development and transfer across its broadening global professional sports team network, and Brera is looking forward to a prosperous and impactful year in 2024.

“I would like to congratulate Sir Jim Ratcliffe on his proposed Manchester United investment and believe that when a world class operator takes a stake in one of football’s most storied franchises, it’s the type of move that should positively reverberate throughout the industry,” stated Pierre Galoppi, Chief Executive Officer of Brera Holdings. “We have long seen the value of owning international football franchises and moved forward with our IPO to help execute our acquisition and investment strategy to realize vertical and horizontal opportunities in our space.”

According to SEC filings and Manchester United, PLC (NYSE: MANU) announcements, Sir Jim Ratcliffe, CEO of INEOS, will pay $1.34 Billion, or $33 per share, to acquire 25% of MANU. Sir Jim intends to fully fund his all-cash MANU tender offer through his Trawlers Limited entity, which Reuters had previously reported values Manchester United at between $6 billion and $6.5 billion including current debt.

Brera recently announced the launch of a proactive search for an Italian Serie B football club target designed to bring multi-club ownership of the highest tiers of professional sports ownership to mass investors through the Company's Nasdaq-listed shares.

ABOUT BRERA HOLDINGS PLC

Brera Holdings PLC (Nasdaq: BREA) is focused on expanding its social impact football (American soccer) business by developing a global portfolio of emerging football and other sports clubs with increased opportunities to earn tournament prizes, gain sponsorships, and provide other professional football- and sports-related consulting services.