DUBLIN and MILAN - Brera Holdings PLC (NASDAQ:BREA), a company specializing in the ownership and management of football clubs, is reportedly in advanced negotiations to acquire additional professional football teams, aiming to solidify its position as a top publicly-listed multi-club ownership (MCO) company. CEO Pierre Galoppi announced today that the company is in talks with several premium league teams and expects to finalize a transaction soon.
The company, which already owns Brera FC in Milan and has a presence in Africa and Europe, is focused on partnering with clubs that prioritize player development and culture, aligning with Brera's strategy of building rather than buying champions. This approach, according to Galoppi, is anticipated to unlock new revenue streams and advance player progression.
Brera Holdings is building on its social impact football business, which includes the ownership of the FENIX Trophy Tournament, recognized by UEFA. The company has been recognized for its social impact through soccer and continues to expand its global portfolio.
In the past year, Brera Holdings has made significant strides in its MCO model, acquiring a majority stake in UYBA Volley S.s.d.a.r.l., an Italian Serie A1 women's professional volleyball team, and assuming control of Bayanzurkh Sporting Ilch FC in Mongolia, among other strategic investments.
The company's advisory board, established in February 2024, includes notable figures such as MLS founder Alan Rothenberg and Italian football icon Giuseppe Rossi. Their expertise is expected to guide Brera's expansion and strategic decisions.
This news is based on a press release statement from Brera Holdings PLC.
InvestingPro Insights
As Brera Holdings PLC (NASDAQ:BREA) continues to make waves in the multi-club ownership space, the company's financial health and stock performance are of particular interest to investors. With a market capitalization of 17.41 million USD, Brera Holdings may seem like a smaller player, but its strategic moves in the football industry could position it for significant growth. Notably, the company's liquid assets exceed its short-term obligations, suggesting a degree of financial stability that could support its acquisition plans.
InvestingPro data indicates that the company's stock has experienced considerable price volatility, aligning with an InvestingPro Tip that points to its high price volatility nature. This could be an important consideration for investors looking for both growth potential and stability. Moreover, the stock has seen a strong return over the last month, with a 29.09% increase, and an even more impressive three-month price total return of 115.15%, highlighting a recent upward trend in its valuation.
However, it's worth noting that Brera Holdings has not been profitable over the last twelve months, which is reflected in its negative P/E ratio of -7.92. This could be a point of concern for investors seeking immediate profitability, yet the company's growth strategy might appeal to those with a longer-term investment horizon. For investors intrigued by Brera Holdings' potential and interested in exploring more about the company, there are additional InvestingPro Tips available, which can be accessed by visiting https://www.investing.com/pro/BREA. As a special offer, use the coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription, unlocking valuable insights that could inform investment decisions.
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