Brera Strumica

On February 15, 2023 the Company announced its first planned acquisition with the signing of a Letter of Intent to acquire the European first division football team Fudbalski Klub Akademija Pandev (“Akademija Pandev”) in North Macedonia, a country which has the right to participate in the three major UEFA competitions. This is an example of Brera Holdings implementing its international strategy to simultaneously pursue expansion and licensing of the Brera FC brand in Eastern Europe. Through the Akademija Pandev acquisition and Brera renaming the Company intends to enhance the team’s performance, and ideally prepare players for the professional transfer market and obtain prizes related to participation rights in UEFA. In 2021 Akademija Pandev advanced to qualifier matches of UEFA which featured competition prizes from $3 million to $15 million.