Brera Holdings Plc (SLMT)

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Brera Holdings PLC ("Brera Holdings" or the "Company", Nasdaq: BREA) announced that it plans to inject growth capital into its newly acquired team in North Macedonia aimed at developing and strengthening the team’s football activities in the 2023-24 season.
Fudbalski Klub Akademija Pandev, which is in the process of being renamed Brera Strumica, ended the 2022-23 season in the second half of the First Division. Through Brera Holdings' plan for the 2023-24 season, Brera Strumica is aiming to place in the top three of the North Macedonian First Division. Finishing in the top three would qualify Brera Strumica for UEFA competitions - a goal recently achieved by the club - with potential appearance fees and competition prizes ranging from $250,000 to $15 million.

Brera Strumica’s continuity is evidenced by its founder Goran Pandev, who had a storied career as a football player for Inter Milan and notoriety as the first Macedonian to score 100 career goals in one of the top five European football leagues. Pandev is the former majority owner of the club and currently a member of the Board of Directors of Brera Holdings, and he maintains a minority share and continues as Chairman of Brera Strumica.

The structure of Brera Strumica’s sporting and technical staff and the composition of the player roster are currently being reviewed, defined and financed.

“Brera Strumica is for us a highly strategic club as it is our initial First Division club in Europe, undoubtedly the core market for global football. For this reason, we are making every effort to quickly bring the club into the top positions,” said Brera Holdings CEO, Sergio Scalpelli.