Company: SLMT
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-044434
Chunk: 59

Company: Brera Holdings PLC
Filing Date: 2025-05-15
Form: 20-F
Item: Item 4
Chunk 59
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 their full potential and reach more mature markets such as the ones in Europe and have not been enabled 
       to reach their true social and economic value. By operating with our Italian management club in Africa we believe it will be possible    
      to recruit excellent players and build an effective transfer bridge with our prospective clubs that play in the European first division,  
    giving great opportunities to these players. We thus remain committed to foster and develop local African teams, all the while facilitating 
    exchanges with their European counterparts. On this front, on March 17, 2023, we entered into a contract with Tchumene FC Sports Association
      relating to a strategic partnership through the establishment of sponsorship and franchising relationships for the 2023 football season,  
      which was replaced by a subsequent contract on January 29, 2024, due to Brera Tchumene FC entering Mozambique football’s first division,  
                the Moçambola. On February 18, 2025, we signed a non-binding letter of intent with Associação Black Bulls to invest             
       in and acquire up to 50% of the Mozambican football team Black Bulls, the current champion of the Moçambola. This proposed investment    
          aligns with 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 the significant  
       investment and leadership in Mozambican football of its current owner, Junaide Lalgy. 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. 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. We remain dedicated to fostering the next generation of African football stars and     
                                                  strengthening its global footprint in the sport.                                              
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o                         South America. Similar to the plans described above with respect to Africa-based players,                       
    we believe there will be a market for a recruiting hub in South America providing access to the global transfer market. In this case, 
       however, we expect to take control of a club’s management