Brera Holdings PLC (“Brera Holdings”, “Brera” or the “Company”)
(Nasdaq: BREA), continues to drive forward women's volleyball as it
reaches new heights across the globe. On August 30, 2023, more than
92,000 fans filled the University of Nebraska’s Memorial Stadium to
watch the Cornhuskers’ women’s volleyball team play Omaha, setting
a world record for attendance at any women’s sporting event in
history. Just one month prior in July 2023, Brera, with its keen
eye for value, secured a majority stake in UYBA Volley
S.s.d.a.r.l., a vanguard Italian Serie A1 women's professional
volleyball team, as unprecedented support from an array of
prominent global investors has begun to pour into the sport.
Brera’s strategic investment came at a crucial juncture for
women's professional volleyball, a sport that's seeing an influx of
high-profile endorsements and investments from luminaries such as
Alpine skiing legend Lindsey Vonn, NBA superstars Kevin Durant and
Jayson Tatum, WNBA superstar Candace Parker, Linda Henry of the
Fenway Sports Group, acclaimed actress Amy Schumer, and tennis icon
Billie Jean King. The three professional women's volleyball leagues
in the United States have collectively attracted nearly $250
million in investments. Specifically, the Pro Volleyball
Federation, League One Volleyball, and Athletes Unlimited have
garnered $150 million, $60 million, and $30 million in funding,
respectively. These investments are more than financial injections;
they represent a seismic shift in the popularity, recognition and
valuation of women's sports on a global scale.
"Women's professional volleyball is experiencing a boom in
popularity, buoyed by the enthusiasm and backing of some of the
most celebrated names in sports around the world," said Pierre
Galoppi, CEO of Brera Holdings PLC. "With the support of such
iconic athletes and personalities, we didn’t just invest in a team;
we're championing a global movement that showcases the power,
talent, and potential of women in sports. Our majority ownership of
and partnership with UYBA Volley aims to amplify this momentum,
making a profound impact on the sport's visibility, viability, and
vibrancy worldwide."
Located in the heart of Northern Italy’s Lombardy region, UYBA
Volley has been a formidable competitor in the Italian Serie A1
league, since its promotion to the top tier in 2000. Under the
prior guidance of celebrated coach Julio Velasco, who recently was
called to lead the Italian national team, UYBA has won multiple
titles, including the prestigious CEV Cup and the Italian National
Championship.
The global ascendance of women's volleyball, driven by its
soaring popularity and funding from big-name investors, signals a
transformative era for the sport. These developments highlight the
increasing commercial and cultural relevance of women's volleyball,
setting the stage for enhanced investment and global interest in
women's professional teams worldwide.
By capitalizing on this momentum, Brera Holdings and its
majority-owned UYBA Volley subsidiary are poised to contribute
significantly to the sport's global growth narrative, leveraging
their partnership to elevate the profile of women's volleyball on
the world stage. This endeavor is expected to enrich the sport's
ecosystem, offering new opportunities for talent development, fan
engagement, and international collaboration.
For more information on Brera Holdings and its latest venture
with UYBA Volley, please visit Brera Holdings and UYBA Volley.
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.
The Company seeks to build on the legacy and brand of Brera FC,
the first football club that was acquired by the Company in 2022.
Brera FC, known as "The Third Team of Milan," is an amateur
football association which has been building an alternative
football legacy since its founding in 2000. The Company owns the
trademarked FENIX Trophy Tournament, a non-professional
pan-European football competition recognized by UEFA, inaugurated
in September 2021 and organized by Brera FC. "FENIX" is an acronym
for "Friendly European Non-professional Innovative Xenial." BBC
Sport has called the FENIX Trophy "the Champions League for
amateurs," and Brera FC hosted the 2023 finals at Milan's legendary
San Siro Stadium. In October 2022, the Internet Marketing
Association at its IMPACT 22 Conference named Brera FC as its award
recipient for "Social Impact Through Soccer," recognizing the
Company's focus at an international level with this
distinction.
In March 2023, the Company expanded to Africa with the
establishment of Brera Tchumene FC, a team then admitted to the
Second Division League in Mozambique, a country of nearly 32
million people. Brera Tchumene FC won its post-season tournament
and in November 2023 was promoted to Mocambola, the First Division
in Mozambique. In April 2023, the Company acquired 90% of the
European first division football team Fudbalski Klub Akademija
Pandev in North Macedonia, a country with participation rights in
two major Union of European Football Association ("UEFA")
competitions.
In June 2023, Brera acquired a strategic stake in Manchester
United PLC. In July 2023, the Company completed the acquisition of
a majority ownership in the Italian Serie A1 women's professional
volleyball team UYBA Volley S.s.d.a.r.l. In September 2023, the
Company assumed control of Bayanzurkh Sporting Ilch FC, a team in
the Mongolian National Premier League, which will become Brera Ilch
FC when the football season resumes in March 2024. In January 2024,
the Company 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. The
Company is focused on bottom-up value creation from undervalued
sports clubs and talent, innovation-powered business growth, and
socially-impactful outcomes. See www.breraholdings.com
Cautionary Note Regarding Forward-Looking
Statements
This press release contains forward-looking statements that are
subject to various risks and uncertainties. Such statements include
statements regarding the Company's ability to grow its business and
other statements that are not historical facts, including
statements which may be accompanied by the words "intends," "may,"
"will," "plans," "expects," "anticipates," "projects," "predicts,"
"estimates," "aims," "believes," "hopes," "potential" or similar
words. Actual results could differ materially from those described
in these forward-looking statements due to a number of factors,
including without limitation, the Company's ability to continue as
a going concern, the popularity and/or competitive success of the
Company's acquired football and other sports teams, the Company's
ability to attract players and staff for acquired clubs,
unsuccessful acquisitions or other strategic transactions, the
possibility of a decline in the popularity of football or other
sports, the Company's ability to expand its fanbase, sponsors and
commercial partners, general economic conditions, and other risk
factors detailed in the Company's filings with the SEC. The
forward-looking statements contained in this press release are made
as of the date of this press release, and the Company does not
undertake any responsibility to update such forward-looking
statements except in accordance with applicable law.
CONTACT INFORMATION:
FOR MEDIA AND INVESTOR RELATIONS
Pierre Galoppi, Chief Executive Officer, Brera Holdings
PLCEmail: pierre@breraholdings.com
Giuseppe Pirola, Chairman, UYBA Volley S.s.d.a.r.l.Email:
Giuseppe.pirola@volleybusto.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/341ff498-7c4d-4e30-bcd4-789e45c1e8ff
Brera (NASDAQ:BREA)
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