2024-03-08 08:45:26 ET
DENVER, Colo., Mar 08, 2024 ( 247marketnews.com )- The difference between a goal and a goooooooooooooooooool … aso! usually comes down to timing, flair, importance, and game winners, and Brera Holdings ( NASDAQ:BREA ) has recently scored multiple goooooooooooooooooool … asos!
Daniel McClory , renowned investment banker and Brera’s Executive Chairman, just acquired a majority stake in Brera Holdings , which certainly qualifies as a goooooooooooooooooool … aso!
Pierre Galoppi, Brera’s Chief Executive Officer, “I believe that this strategic move underscores the robust confidence Mr. McClory places in Brera’s potential and heralds in a new era of international focus and expansion beyond the Company’s Italian roots.”
BREA is an Italian based football (soccer) the publicly-traded Multi Club Ownership (MCO) that IPO’ed on Nasdaq at $5 announced upcoming acquisition plans and investors should take notice because the recent moves and the obvious discount to IPO level.
The company recently introduced an all-star advisory board that includes Massimo Ferragamo , Chairman of Ferragamo USA, Alan_Rothenberg , Major League Soccer Founder and World Cup Director, Sports Business Leaders, Paul Tosetti and Marshall Geller, and Football Icon, Giuseppe Rossi, to Brera’s all-star Advisory Board .
The all-star advisory board move followed its announcement that Brera is proactively searching to aquire an Italian Series B Team.
The chart shows strong support in the dollar range and BREA has a low float of an estimated 3.5 million and market cap.
What’s at stake? Aside from the bragging rights of turning a Serie B team into a Top tier team, the potential rewards for doing so can mean substantial upside to investors players and other stakeholders. Broadcasting deals like the one in the US with Apple ( NASDAQ:AAPL ) which signed MLS to a 10-year $2.5 billion dollar 10-year deal are just some of the benefits a team who ascends to the top-tier can expect.
On top of this, Investors have been pouring billion into football clubs, like Todd Boehly of Clearlake Capital who acquire the Chelsea Football Clube for more than $5 Billion, and Red Bird Capital Partners who acquired AC-Milan for an estimated $1.3 billion.
( NASDAQ:BREA ) had their business model confirmed this year when Billionaire INOES Group Chairman, Jim Ratcliff, grew his MCO model by adding his 25% share of Manchester United ( NYSE:MANU ) to his clubs in France, Switzerland, and the Ivory Coast. The company says it’s focused on creating high performing and sustainable football clubs with success in their leagues and the ability to play in European competitions.
Breara is, as well, and it trades for much less than Manchester United.
( NASDAQ:BREA ) gives you the chance to join the MCO craze at a substantial discount to its $5 IPO price.
Just like when Bitcoin (BTC) became cool, celebrities have begun pouring money into this space. Soccer balls instead of Laser eyes.
Tom Brady is a minority owner of Birmingham City, as well as JJ Watt and his wife who are invested in the Premier League Burnley Football Club. Lebron James, Michelal B Jordan, Ryan Renalds, and many others have invested in the sports sector, believing in the long-term value of the teams.
The MCO trend is your friend and it’s still in the early stages, and deals are still out there, like when little known Wolverhampton Wanderers FC were purchased for £10 and then flipped to a Chinese group for £45 million , who’ve watched its estimated value jump up more than ten times their purchase price. Or Gino Pozzo’s Watford purchase, for £500K and its £10 million debt obligation, and a few short years later Watford was reportedly valued at £350 million .
Keep in mind that this is an arena that rewards the prepared, which is what makes Brera’s recent moves stand out.
“I believe that this strategic move underscores the robust confidence Mr. McClory places in Brera’s potential and heralds in a new era of international focus and expansion beyond the Company’s Italian roots,” stated Pierre Galoppi, Brera’s Chief Executive Officer.
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Brera Holdings Scores Goooooooooooooooooool … aso!