Brera Holdings Comments On Top-Level Italian Professional Football Team Acquisition Reports; Says We Can Confirm At This Time That We Have Initiated And Are Well Along On This Process With Several Top Caliber And Storied Teams

Brera Holdings PLC ("Brera Holdings," "Brera" or the "Company") (NASDAQ:BREA) has been asked to respond to several third-party publications that have reported on Brera's efforts to acquire a top-level Italian professional football (soccer) team.

 

Brera Holdings CEO, Pierre Galoppi, stated, "In January 2024, we announced that we would begin the process of acquiring a team in the Italian Serie BKT, managed by Lega Nazionale Professionisti Serie B ("Serie B"). We can confirm at this time that we have initiated and are well along on this process with several top caliber and storied teams. In compliance with confidentiality agreements signed with these organizations and with applicable laws, we are not in the position to comment on the latest third-party statements about Brera's initiative."

"We remain true to our word and agreements and will be delighted to provide a complete announcement as soon as we are legally in a position to do so," Mr. Galoppi concluded.