Brera Holdings plans to acquire majority stake in Italian Serie B football club Juve Stabia.

From GlobeNewswire: 2024-12-24 11:32:39

Brera Holdings PLC, an Ireland-based holding company, announced a three-step acquisition process to acquire a majority stake in Italian Serie B football club Juve Stabia. The club is currently in fourth place in the Serie B table, with 28 points. The acquisition is strategically designed to drive operational synergies and enhance shareholder value. Brera Holdings will become the majority shareholder of the club through a phased approach, with the final closing scheduled for March 31, 2025. The acquisition aims to create long-term value for shareholders and capitalize on growth opportunities in the football market. President Andrea Langella of Juve Stabia and Daniel McClory, Executive Chairman of Brera Holdings PLC, announced the partnership in Naples on December 9, 2024.



Read more at GlobeNewswire: Brera Holdings Outlines Three-Step Process to Acquire