Company: SLMT
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-044434
Chunk: 9

Company: Brera Holdings PLC
Filing Date: 2025-05-15
Form: 20-F
Item: Item 3
Chunk 9
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We operate in a highly competitive market and there can be no assurance that we will be able to compete successfully.

We face competition from other football clubs not only in Italy and Europe, but on a global scale. Many of those football clubs are larger, more experienced and better funded than us, which enables them to acquire top players and coaching staff and could result in improved performance from those teams in domestic and European competitions. In addition, from a commercial perspective, we actively compete across many different industries and within many different markets. We believe our primary sources of competition, both in Europe and internationally, include, but are not limited to:

●   other businesses seeking corporate sponsorships and commercial partners such as sports teams, other entertainment
                                     events and television and digital media outlets;                                
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●   providers of sports apparel and equipment seeking retail, merchandising, apparel and product licensing
                                                opportunities;                                            
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●   digital content providers seeking consumer attention and leisure time, advertiser income and consumer
                                           e-commerce activity; and                                      
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●   other types of television programming seeking access to broadcasters and advertiser income.
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All of the above forms of competition could have a material adverse effect on any of our revenue streams and our overall business, results of operations, financial condition and cash flow.

Our digital media strategy may not generate the revenue we anticipate.

We maintain contact with, and provide entertainment to, our global fanbase through a number of digital and other media channels, including the internet, mobile services and social media. While we have attracted a significant number of followers to our digital media assets, including our website, the future revenue and income potential of our new media business is uncertain. You should consider our business and prospects in light of the challenges, risks and difficulties we may encounter in this new and rapidly evolving market, including:

●   our digital media strategy will require us to provide offerings such as video on demand, highlights and
          international memberships that have not previously been a substantial part of our business;      
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●   our ability to retain our current global fanbase, build our fanbase and increase engagement with our followers
                                          through our digital media assets;                                       
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●   our ability to enhance the content offered through our digital media assets and increase our subscriber
                                                     base;                                                 
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●   our ability to effectively generate revenue from interaction with our followers through our digital media
                                                     assets;                                                 
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●   our ability to attract new sponsors and advertisers, retain