Company: SLMT
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-044434
Chunk: 58

Company: Brera Holdings PLC
Filing Date: 2025-05-15
Form: 20-F
Item: Item 4
Chunk 58
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 the qualifications of these competitions through FKAP. We believe top clubs in smaller   
          countries like FKAP have lower operational costs, with a significant savings of resources otherwise required to access the large cash       
          prizes and linked investments. FKAP is already among the leading teams in its country and has also had access to the qualifier matches      
        of UEFA competitions. This club may be a vehicle to also facilitate the exchange and transfer market of players from other clubs in Africa    
          and South America, especially in the 18-21 age group. This club is also eligible to register for major youth tournaments, such as the       
          Viareggio tournament, in which it will have the opportunity to compete against teams of the same age group as the major international       
          clubs, and which represent the best showcase for the sale of young players, with evident transfer market opportunities. Additionally,       
            in June 2024, we established 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 order to expand into women’s football competitions.             
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o                             Africa. In Africa, a market opportunity presents itself both in terms of a lower amount                           
     of necessary investment and the possibility of reaching important targets in the training of players by providing greater access to needed 
     technical and management staff. We believe the talent coming from the African continent is significant but not fostered to reach its full  
      potential. We believe the clubs acquired in Africa will act as a recruiting hub not only for the intra-African transfer market but also   
      for a future international transfer market, and therefore fully capitalize on local talent on the international stage. Some of the great  
     European clubs’ investments in Africa are concentrated in competitive training schools that take into consideration only a pre-adolescent  
        group, 8-14 years old, to then transfer the main talents to Europe. Delays in football players’ talent development can have serious     
     adverse effects on their career outlooks due to poor access to training resources. We expect that by offering the right resources to more  
      African players, we can provide access to more marketable transfer market positions, making this market work for many more participants   
       and generating much greater value from it. We therefore believe that there is an untapped market of extraordinary African players who    
     do not have the ability to grow to