Brera Holdings' Strategic Victory

A Leap Forward for Mozambique, Brera Tchumene FC and Global ESG Ambitions

Brera Holdings Scores Win with Strategic Manchester United Investment

DUBLIN, Ireland and Milan, Italy, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Brera Holdings PLC (“Brera Holdings”, “Brera” or the “Company”) (Nasdaq: BREA) is pleased to announce that the strategic acquisition of Manchester United PLC (NYSE: MANU) stock last year, which has seen a remarkable 70% increase in value, has accelerated its investment into one of the Company's professional football teams, Brera Tchumene FC, based in Mozambique. This move underscores Brera Holdings' commitment to its Environmental, Social, and Governance (ESG) strategy, focusing on social impact and inclusivity in the world of professional football.

The investment in Brera Tchumene FC is not merely a financial venture but a strategic move to foster economic growth and talent development in Mozambique. Recognizing the importance of social impact, especially with the 2026 FIFA World Cup on the horizon, Brera Holdings is dedicated to nurturing players from disadvantaged backgrounds. The Company’s vision for football goes beyond the traditional transfer market, aiming to cultivate talent through bottom-up nurturing, offering opportunities to those who might otherwise be overlooked due to their socioeconomic status and other challenges.

In alignment with this vision, Brera Holdings is thrilled to announce the appointment of Mr. Vasco Imparato as the new CEO of Brera Tchumene FC. Mr. Imparato, with his extensive international experience and profound understanding of Mozambique, is uniquely positioned to lead the club in a manner that aligns with Brera Holdings' ESG goals. His appointment signifies a step forward in realizing a more inclusive and socially responsible approach to professional football, leveraging undiscovered markets and unconventional routes to unlock the full potential of local talent.

Reflecting on his appointment and the ESG strategy, Mr. Imparato shared, "Leading Brera Tchumene FC in Mozambique is not just about football; it's about making a significant social impact. I am eager to drive our commitment to giving players from disadvantaged backgrounds a chance to shine, aligning with the vision for a more inclusive future in professional football."

Brera Holdings' investment in Brera Tchumene FC, coupled with the strategic appointment of Mr. Imparato, reflects a deep commitment to creating sustainable growth opportunities. These efforts are not only for the club and its players but also for the broader Mozambican community, aligning with a global movement towards a more socially aware and inclusive professional football industry.