Brera Holdings Expands Commitment to Mozambique with Letter of Intent to Invest in Moçambola 2024 Champion Black Bulls, Elevating African talent to Global Platforms
25 February 2025 - 9:00AM
Brera Holdings PLC (“Brera” Nasdaq: BREA) and Lalgy Transport have
signed a Letter of Intent to further invest in Mozambican football
team Black Bulls, the current champion of Mocambola league. This
investment reinforces Brera’s mission to develop African talent and
create pathways for players to compete on the global stage through
its extensive international network. As part of this partnership,
Brera will become a co-owner of the Black Bulls, supporting Mr.
Lalgy’s significant investment and leadership in Mozambican
football with additional funding from Nasdaq-listed Brera.
Togher, Brera and Mr. Lalgy are committed to working together to
strengthen both Black Bulls and Brera Holdings, combining efforts
to enhance competitiveness and expand opportunities for Mozambican
football domestically and abroad, particularly in continental
Europe.
To maximize impact, Brera Tchumene FC will align its efforts
with the Black Bulls and pause independent operations in official
competitions. This strategic move is designed to ensure
sustainability, accelerate growth, and drive the long-term success
of African football, optimizing resources for a stronger, more
unified development pathway.
Brera deeply appreciates the players, staff, and supporters of
Brera Tchumene FC, whose passion and dedication have been
instrumental in this journey. Their legacy will continue to inspire
as Brera expands its commitment to African football.
This marks an exciting new chapter in Brera’s mission to nurture
elite talent and build lasting value in one of the world’s most
promising football regions. Brera Holdings remains dedicated to
fostering the next generation of African football stars and
strengthening its global footprint in the sport.
ABOUT BRERA HOLDINGS PLC
Brera Holdings PLC (Nasdaq: BREA) is dedicated
to expanding its social impact football business by developing a
global portfolio of emerging football and sports clubs. Building on
the legacy of Brera FC, which it acquired in 2022, the Company aims
to create opportunities for tournament prizes, sponsorships, and
professional consulting services. Brera FC, recognized as "The
Third Team of Milan," has been crafting an alternative football
legacy since its founding in 2000. The club also organizes the
FENIX Trophy, a nonprofessional pan-European tournament
acknowledged by UEFA. This tournament, which has been referred to
as "the Champions League for Amateurs" by BBC Sport, has garnered
significant media coverage, including from ESPN.
In its efforts to broaden its reach, Brera
expanded into Africa in March 2023 by establishing Brera Tchumene
FC in Mozambique, which quickly rose to the First Division after
winning its post-season tournament. In April 2023, the Company
acquired a 90% stake in the North Macedonian first-division team
Fudbalski Klub Akademija Pandev, now known as Brera Strumica FC.
Additionally, in June 2023, Brera made a strategic investment in
Manchester United PLC, realizing a 74% gain. The Company has
further diversified its portfolio by acquiring a majority stake in
UYBA Volley, an Italian women's professional volleyball team, in
July 2023, assuming control of Bayanzurkh Sporting Ilch FC, a
Mongolian National Premier League team, which became Brera Ilch FC,
in September 2023, and establishing a joint stock company for the
North Macedonian women's football club Tiverija Strumica, now known
as Brera Tiverija FC, a wholly-owned subsidiary of Brera Strumica
FC, in June 2024.
On December 31, 2024, Brera signed of an
agreement to acquire majority ownership of SS Juve Stabia srl, an
Italian Serie B football club known as “The Second Team of Naples,”
which will be conducted in a multi-step process, and marks a
significant expansion of the Company’s MCO model. As of
February 12, 2025, Brera holds a 38.46% equity ownership interest
in Juve Stabia, currently in a playoff-qualifying sixth place
position in the Serie B standings. With a strategic emphasis
on bottom-up value creation, innovation-driven growth, and socially
impactful outcomes, Brera Holdings has established itself as a
forward-thinking leader in the global sports industry. For more
information, visit www.breraholdings.com.
Cautionary Note
Regarding Forward-Looking Statements
This press release contains forward-looking
statements that are subject to various risks and uncertainties.
Such statements include statements regarding the Company's ability
to grow its business and other statements that are not historical
facts, including statements which may be accompanied by the words
"intends," "may," "will," "plans," "expects," "anticipates,"
"projects," "predicts," "estimates," "aims," "believes," "hopes,"
"potential" or similar words. Actual results could differ
materially from those described in these forward-looking statements
due to a number of factors, including without limitation, the
Company's ability to continue as a going concern, the popularity
and/or competitive success of the Company's acquired football and
other sports teams, the Company's ability to attract players and
staff for acquired clubs, unsuccessful acquisitions or other
strategic transactions, the possibility of a decline in the
popularity of football or other sports, the Company's ability to
expand its fanbase, sponsors and commercial partners, general
economic conditions, and other risk factors detailed in the
Company's filings with the SEC. The forward-looking statements
contained in this press release are made as of the date of this
press release, and the Company does not undertake any
responsibility to update such forward-looking statements except in
accordance with applicable law.
Company Contact Information:Dan
McClory, Executive Chairman, Brera Holdings
PLCEmail: dan@breraholdings.com
- Black Bulls, the 2024 Mocambola champions, continue their
ascent under Junaide Lalgy’s leadership, with Brera as a new
partner, dedicated to building on their recent success
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