Brera Holdings Highlights Benefits of Multi-Club Ownership Model for Shareholders
DUBLIN and MILAN, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Brera Holdings PLC (“Brera Holdings”, “Brera” or the “Company”) (Nasdaq: BREA), which one year ago became the first Italian football team to IPO on Nasdaq, today describes some of the benefits of the multi-club ownership (“MCO”) model.
- DUBLIN and MILAN, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Brera Holdings PLC (“Brera Holdings”, “Brera” or the “Company”) (Nasdaq: BREA), which one year ago became the first Italian football team to IPO on Nasdaq, today describes some of the benefits of the multi-club ownership (“MCO”) model.
- As the only publicly-listed MCO company in the world today, holding six assets in its professional sports team portfolio, Brera has already begun to diversify its sports holdings.
- In March 2023, Brera expanded to Africa with the establishment of Brera Tchumene FC, a team then admitted to the Second Division League in Mozambique.
- Brera believes it’s important for shareholders to understand the benefits of the MCO business model, and felt it’s best to provide some background and history to demonstrate the opportunity.