Exhibit 10.18


 


	 	 	




 


SPONSORSHIP AGREEMENT


 


BETWEEN


 


KAP Srl
(CF 09703750969), with current headquarters in Milan at 1/3 via Ripamonti, a company incorporated under Italian law, represented here
by Mr. Marco Sala, born in Lecco (Italy) on 17 August 1981, as sole director, (the ” Sponsor ”)


 


And


 


Fudbalski Klub
Akademija Pandev , with current headquarters in Spiro Zahov n.28, STRUMICA (North Macedonia) company under Macedonian law, (hereinafter,
for the sake of brevity, FKAP) in the person of the legal representative Mr. Goran Pandev, born in Strumica (Macedonia) on July 27, 1983,
also in the capacity of full and exclusive owner of FKAP, (the ” Sponsee ”)


 


GIVEN THAT


 


		-	KAP Srl is a company whose
object is the supply of strategic consulting services to private and public companies and institutions, aimed at growth and innovation,
as well as the design and construction of spaces, including digital ones, within which to develop innovative systems of communication;



 


		-	KAP Srl is a wholly owned subsidiary
of Brera Holdings Limited



 


		-	KAP Srl has started the procedure
for changing the company name to Brera Milano Srl;



 


		-	Brera Milano Srl will be wholly
owned by Brera Holdings Limited;



 


		-	The agreements covered by this
agreement are to be considered effective for KAPSrl and for Brera Milano Srl without the need for ratification by the latter once the
procedure for changing the company name has been completed;



 


		-	Brera Holdings Limited is an
Irish company that has initiated the procedure for listing on the NASDAQ stock exchange in the US, which will be completed between November
15 and December 30, 2022;



 


		-	FKAP is a company incorporated
under Macedonian law whose object is the performance of football activities, under the aegis of the regulations of the Macedonian Football
Federation and FIFA;



 


		-	The Parties declare that this
contract falls to all intents and purposes within the scope of promotional-advertising collaboration relationships governed by the rules
and in accordance with the spirit of the regulations of the North Macedonia Football Federation and guarantee that there are no impediments
of any kind for its stipulation. and for its execution;



 


		-	Pending the definition of the
aforementioned stock exchange listing procedure, with this private agreement (the ” Contract ”), KAP Srl and FKAP intend
to start a strategic partnership in the form of sponsorship.



 


All of the above
stated, the following is agreed and stipulated between the parties.


 


	1.	Premises
                                            and annexes



 


The Premises and Annexes are an integral
and essential part of the Contract.


 






     


     


    

  


	 	 	





 


	2.	Object



 


With the Contract,
the Sponsee grants the Sponsor the right to qualify as “Main Sponsor” and to use the name and logo of Fudbalski Klub Akademija
Pandev in all the Sponsor’s communication campaigns.


 


	3.	Constraint
                                            of exclusivity



 


The Parties declare
that this agreement is not subject to exclusivity. During the sports season, the Sponsor may sign sponsorship contracts with other companies
operating in the sports sector, just as the Sponsee may sign sponsorship contracts with other companies operating in the same sector
as the Sponsor.


 


	4.	Obligations
                                            of the Sponsee



 


	4.1.	The Sponsee, for the entire 2022/23
season, will give ample visibility and brand awareness to the partnership through the presence of the Sponsor’s logo on the game shirt,
a campaign of wall posters in the city of Strumica, banners and banners in the sports center of Mr. Goran Pandev, as well as a joint
and agreed communication both to the Macedonian press organs and on the official channels of the club.



 


	4.2.	From the signing of this agreement
and until 28.02.2023, Mr. Goran Pandev undertakes not to negotiate with third parties, or sell to third parties, any share of the capital
of FKAP and to maintain full and exclusive ownership of the shares of FKAP. After this deadline, Mr. Goran Pandev and FKAP will be free
to negotiate the sale with other potential buyers, without prior notice.



 


	5.	Sponsor
                                            ’s Obligations



 


The Sponsor, within
10 days of signing this contract, will pay to FKAP (by bank transfer to: FK AKADEMIJA PANDEV AD STRUMICA, IBAN: MK07300701003397974;
SWIFT CODE - KOBS MK 2X SRB; BANK: KOMERCIJALNA BANKA AD NO SKOPJE; TAX : MK4027017526693) the amount of € 70,000.00 (€ seventy
thousand / 00) by way of sponsorship for the 2022/23 season. The Sponsor undertakes to provide the Sponsee with all advertising material
and anything else useful and necessary for the communication partner indicated in point 4. The costs of the activities indicated in point
4 are to be understood as the sole responsibility of the Sponsor.


 


	6.	POSTPONEMENT
                                            CLAUSE



 


The Parties expressly
declare that the regulatory and conventional provisions of the Sporting Law, FIFA, UEFA and the FFM which are intended to be referred
to and accepted therein apply to the Contract.


 


	7.	Duration



 


	7.1.	The Contract
has a duration from the signing and until June 30, 2022 ; the effectiveness is conditional on the payment of the sum indicated in point
5 within the terms specified therein.



 


	7.2.	The
                                            Agreement will not automatically renew.



 


	8.	Termination
                                            and express termination clause



 


The Parties agree
and stipulate that, in the event of a breach of an obligation of the Contract, the compliant Party must make a formal written complaint
to the non-compliant Party, also indicating a deadline for compliance with a peremptory character. In the event that the non-compliant
Party has not remedied within the aforementioned term, the non-compliant Party may terminate the Contract pursuant to art. 1454 of the
Italian Civil Code without prejudice, in any case, to the right of the fulfilling Party to compensation for damage.


 



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	9.	Communications
                                            _



 


Communications
relating to the Contract must be exchanged by the Parties at the following addresses and contact details:


 


COMMUNICATIONS TO THE SPONSOR: ______________________________________________________.


 


COMMUNICATIONS TO THE SPONSEE: ______________________________________________________.


 


	10.	Protection
                                            of personal data



 


In the execution
of the Contract, the Parties declare and guarantee that any processing of personal data will be carried out in full compliance with the
pro tempore regulations applicable to the processing of personal data, such as, by way of example and not limited to, EU Regulation
no. 679 of 27 April 2016 (” GDPR ”), and any measure, guideline and opinion issued by the Privacy Guarantor and / or
other competent authority.


 


	11.	Changes



 


Any modification
to the Agreement must be agreed in writing between the Parties.


 


	12.	Confidentiality
                                            Obligations



 


	12.1.	The Parties
                                            undertake to respect and enforce the following provisions:



 


		12.1.1.	keep
                                            confidential all data, information (written or oral) and news concerning the Parties, their
                                            activities and business (the ” Confidential Information ”), obtained or
                                            received as a result of the discussions that led to the stipulation of the Contract or in
                                            the execution of the same;



 


		12.1.2.	protect
                                            the confidentiality of Confidential Information with the same care with which the confidentiality
                                            of one’s own confidential information is protected, implementing all measures and precautions
                                            necessary to avoid its disclosure, loss, destruction or unauthorized use;



 


		12.1.3.	not
                                            to copy, use or reproduce the Confidential Information without the prior written consent
                                            of the other Party, except when such activities are strictly necessary for the performance
                                            of the services covered by the Contract.



 


	12.2.	For the
                                            purposes of this article, Confidential Information does not include information that:



 


		12.2.1.	they
                                            became public before the signing of the Contract, or during or after its duration, provided
                                            that this did not occur in violation of the provisions of the Contract;



 


		12.2.2.	each
                                            Party proves to be known to it before they were transmitted by the other Party, provided
                                            that the related source is not in violation of a confidentiality agreement or the law.



 


	12.3.	The Confidential
                                            Information may, however, be communicated to the competent Authorities who request the Parties
                                            to transmit any Confidential Information; in this case, if and to the extent permitted by
                                            applicable law, each Party undertakes to immediately notify the other Party of the request
                                            received and to agree on the timing, method and extent of the communication.



 






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	12.4.	Each Party
                                            shall immediately notify the other Party of any breaches of the confidentiality obligations
                                            referred to in this article of which it becomes aware and shall cooperate with that Party
                                            in protecting the latter’s rights.



 


	13.	Applicable
                                            law and competent court



 


		13.1.	The Contract
                                            is governed by Italian law.



 


		13.2.	Any dispute
                                            that should arise between the Parties in relation or in connection with the Contract is devolved
                                            to the exclusive jurisdiction of the Court of Milan.



 


	14.	Miscellaneous



 


		14.1.	The Contract
                                            supersedes and completely replaces any other agreement, verbal or written, previously intervened
                                            between the same Parties and concerning the same Activities, even if considered separately.



 


	14.2.	Should any
                                            clause of the Contract prove to be null, invalid or ineffective, the nullity, invalidity
                                            or ineffectiveness will be limited to the aforementioned clause, while the remaining clauses
                                            will remain fully valid and effective.



 


	14.3.	The tolerance
                                            of one Party towards the non-fulfillment of any obligation under the Contract by the other
                                            cannot be interpreted as a waiver or forfeiture of asserting the related rights.



 


	15.	Conditions
                                            of the Agreement



 


The parties mutually
acknowledge that each clause of this agreement has been drawn up according to the common will following free negotiation between them
and, therefore, the application of Articles 1341 and 1342 cod. civ.


 


Strumica, August
16, 2022


 





	For Kap Srl For	Fudbalski Klub Akademija Pandev


 


Mr. Marco Sala Mr. Goran Pandev


 





	 	 



  


 


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