On June 6, 2023, Brera Holdings PLC (the “Company”) issued a press release announcing that it had made a strategic investment in Manchester United PLC (NYSE: MANU) (“MANU”), the owner of Manchester United Football Club (“United”), and had begun acquiring shares of MANU through open market purchases. The press release announced that the Company’s investment in MANU shares had exceeded $100,000. The press release also announced that the Company had invited the MANU board of directors to a meeting regarding the Company’s “Social Impact Football” business model and other value-building strategies. In addition, the press release announced that the Company’s Executive Chairman, Daniel McClory, intends to provide updates on the Company’s strategic stake in MANU, including the performance of United and MANU’s pending sale process A copy of this press release is attached hereto as Exhibit 99.1.
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