# EDGAR Filing Document

**Accession Number:** 0001939965
**File Stem:** 0001213900-25-056701
**Filing Date:** 2025-6
**Character Count:** 32148
**Document Hash:** 25b18da5e149926a7285b3c2476537ae
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-056701.hdr.sgml**: 20250623

**ACCESSION NUMBER**: 0001213900-25-056701

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 4

**CONFORMED PERIOD OF REPORT**: 20250623

**FILED AS OF DATE**: 20250623

**DATE AS OF CHANGE**: 20250623

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Brera Holdings PLC
- **CENTRAL INDEX KEY:** 0001939965
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-AMUSEMENT & RECREATION SERVICES [7900]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 000000000
- **STATE OF INCORPORATION:** L2
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41606
- **FILM NUMBER:** 251065113

**BUSINESS ADDRESS:**
- **STREET 1:** CONNAUGHT HOUSE, 5TH FLOOR
- **STREET 2:** ONE BURLINGTON ROAD
- **CITY:** DUBLIN 4
- **STATE:** L2
- **ZIP:** D04 C5Y6
- **BUSINESS PHONE:** 949-233-7869

**MAIL ADDRESS:**
- **STREET 1:** CONNAUGHT HOUSE, 5TH FLOOR
- **STREET 2:** ONE BURLINGTON ROAD
- **CITY:** DUBLIN 4
- **STATE:** L2
- **ZIP:** D04 C5Y6

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Brera Holdings Ltd
- **DATE OF NAME CHANGE:** 20220726

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 6-K** 

**REPORT OF FOREIGN PRIVATE ISSUER** 

**PURSUANT TO RULE 13a-16 OR 15d-16 OF THE** 

**SECURITIES EXCHANGE ACT OF 1934**

For the month of June, 2025.

Commission File Number 001-41606

**BRERA HOLDINGS PLC**

(Translation of registrant's name into English)

**Connaught House, 5th Floor**

**One Burlington Road**

**Dublin 4**

**D04 C5Y6**

**Ireland**

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒ Form 40-F ☐

**Entry into Amendment Agreement and Final Closing Memorandum**

On June 20, 2025, Brera Holdings PLC, a public limited company incorporated in the Republic of Ireland (the "Company"), entered into an amendment agreement and final closing memorandum (the "Closing Memorandum") with XX Settembre Holding S.r.l., an Italian limited liability company ("XX Settembre"), which amended the sale and purchase and investment agreement, dated December 31, 2024 (the "SPA"), as amended on January 10, 2025 and February 11, 2025 (the "Prior Amendments"), relating to the acquisition of the Italian Serie B football club named Juve Stabia (the "Club"), by the Company, from the Club's owner and manager, S.S. Juve Stabia S.r.l., an Italian limited liability company ("Juve Stabia"), whose majority shareholder was XX Settembre. The SPA and Prior Amendments were previously disclosed in reports on Form 6-K filed on January 7, 2025, January 10, 2025, and February 13, 2025.

Pursuant to the Closing Memorandum, among other things, (i) the final closing (the "Final Closing") date was modified from March 31, 2025 to June 20, 2025, (ii) the final stake purchase price was modified from €1,000,000, of which €500,000 was to be paid in cash and €500,000 was to be paid in Class B Ordinary Shares, $0.005 nominal value per share, of the Company ("Class B Ordinary Shares"), to €2,250,000, of which €1,250,000 was to be paid in cash and €1,000,000 was to be paid in Class B Ordinary Shares, (iii) the Company's acquisition of the issued and outstanding share capital of Juve Stabia (the "Share Capital") was modified from a total of 51.73% of the Share Capital to a total of 52% of the Share Capital, and (iv) the final share capital increase of Juve Stabia (the "Final Share Capital Increase") was modified from €1,500,000, of which €3,000 to share capital and €1,497,000 to share premium, to €251,778, of which €1,000 to share capital and €250,778 to share premium. The Company paid the Final Share Capital Increase on June 13, 2025.

Furthermore, the Closing Memorandum removed the bonus payments of (i) €500,000 in Class B Ordinary Shares payable to XX Settembre if the Club accessed the promotion playoffs to Serie A in the 2024-25 season and (ii) €5,000,000 in Class B Ordinary Shares payable to XX Settembre if the Club was promoted to Serie A at the conclusion of the 2024-25 season.

As a result, at the Final Closing on June 20, 2025, the Company paid XX Settembre €1,250,000 in cash, issued 1,800,000 Class B Ordinary Shares to XX Settembre, and acquired additional Share Capital in Juve Stabia bringing the Company's aggregate equity ownership to 52% of the Share Capital.

The Closing Memorandum contains customary covenants including those as to due diligence and representations and warranties of the Company and XX Settembre.

The Closing Memorandum is filed as Exhibit 1.1 to this report on Form 6-K, and this description of the Closing Memorandum is qualified in its entirety by reference to such exhibit.

**Issuance of Press Release**

On June 23, 2025, the Company issued a press release announcing the Final Closing. A copy of this press release is attached hereto as Exhibit 99.1.

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 1.1 | [Amendment Agreement and Final Closing Memorandum, dated June 20, 2025, by and among Brera Holdings PLC and XX Settembre Holding S.r.l.](ea024652501ex1-1_brera.htm) |
| 99.1 | [Press Release dated June 23, 2025](ea024652501ex99-1_brera.htm) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | | |
|:---|:---|:---|
| Date: June 23, 2025 | **BRERA HOLDINGS PLC** | **BRERA HOLDINGS PLC** |
|  | By: | /s/ Pietro Bersani |
|  |  | Pietro Bersani |
|  |  | Chief Executive Officer and Chief Financial Officer |

---

## Exhibit 1.1

**Exhibit 1.1**

To:

**Brera Holdings PLC**

One Burlington Road no. 4

D04 C5Y6 Dublin

Ireland

Email: dan@breraholdings.com

*To the attention of the Executive Chairman Mr. Daniel Joseph McClory*

 

Naples, 20 June 2025

**Re: Amendment Agreement and Final Closing Memorandum – Acceptance**

Dear Sirs,

We received your proposal of Amendment Agreement and Final Closing Memorandum dated as of the date hereof, which we here reproduce duly undersigned in sign of full and uncondi- tional acceptance thereof.

\* \* \*

"To:

**XX Settembre Holding S.r.l.**

Via Francesco Caracciolo no. 9

80122 Naples

Italy

E-mail: langellaandrea@gmail.com

*To the attention of the Director Mr. Andrea Langella*

 

Dublin, 20 June 2025

**Re: Amendment Agreement and Final Closing Memorandum – Proposal**

Dear Sirs,

Further to our recent discussions and negotiations, please find below our proposal of the Amendment Agreement and Final Closing Memorandum.

**AMENDMENT AGREEMENT AND FINAL CLOSING MEMORANDUM**

("**Closing Memorandum**")

by and between

**XX Settembre Holding S.r.l.**, a company organized and existing under the laws of Italy, having its registered office at Via Francesco Caracciolo no. 9, 80122 Naples (Italy), corporate capital of EUR 103,000.00 registered with the Companies' Register of Naples under no. 09495031214 ("**Seller**"), represented herein by Andrea Langella, duly authorized to execute this Agreement as sole director;

 

*- on the one side -*

and

**Brera Holdings PLC**, a company organized and existing under the laws of Ireland, having its registered office at One Burlington Road no. 4, Dublin D04 C5Y6 (Ireland), registered with the Companies Registration Office of Ireland under no. 721923, represented herein by Daniel Joseph Mc Clory, duly authorized to execute this Agreement as director ("**Purchaser**")

 

*- on the other side -*

(the Seller and the Purchaser are collectively referred to as "**Parties**" and, each of them, as a "**Party**").

**WHEREAS**

A. On December 31, 2024, the Parties entered into a sale and purchase
and investment agreement as subsequently amended and supplemented pursuant to the addendum entered into on January 10 and February 11,
2025 ()"**SPA** "), whereby, among other things:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the Purchaser undertakes to purchase, in 4 different tranches,
from the Seller, who in turn undertakes to sell, an interest in the corporate capital of S.S. Juve Stabia S.r.l., a limited liability
company organized and existing under the laws of Italy, having its registered office at Via Cosenza C/O Stadio R. Menti 283, 80053 Castellammare
di Stabia (NA), Italy, registered with the Companies' Register of Naples under no. 04246411211 VAT code no. 04246411211 ()"**Company** ");
and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the Purchaser undertakes to subscribe and fully pay-in, progressively in 3 different tranches, the First
Share Capital Increase, the Second Share Capital Increase and the Final Share Capital Increase (as defined in the SPA).

B. On February 11, 2025, the Third Closing (as defined in the SPA) took place.

C. Following the rescheduling of the Final Closing Date (as defined in the SPA), jointly agreed between the
Parties, the Final Closing (as defined in the SPA) has taken place on the date hereof under the terms set out in the letter exchanged
by the Parties on 12 June 2025.

D. By executing this Closing Memorandum, the Parties intend to (i) amend certain provisions of the SPA, (ii)
acknowledge the fulfilment of the Conditions Precedent, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) acknowledge the performance of certain activities that should
have been completed prior to, on or following the Final Closing Date pursuant to the SPA.

**NOW, THEREFORE,**

in consideration of the above Recitals, which form an integral and essential part of this Closing Memorandum, the Parties hereby agree and covenant as follows.

1. Definitions and interpretation

1.1 **Definitions** 

Capitalized terms utilized in this Closing Memorandum not otherwise defined herein shall have the same meaning ascribed to them in the SPA.

1.2 Certain rules of interpretation

Section 1.2 of the SPA ("*Rules of interpretation*") shall apply to this Closing Memorandum, *mutatis mutandis*.

2. Amendments to the SPA

2.1 **Amendments to the SPA** 

2.1.1 *Amendment to Recital E of the SPA* 

The Parties acknowledge and agree that Recital E of the SPA must be amended and supplemented as follows (the underlined words and expressions in bold are added to the SPA and shall thus be effective, while the words stricken through are deleted from the SPA and shall thus be ineffective):

"*E. In furtherance of the above, the Parties intend to enter into this Agreement to set out the terms and conditions on which the Purchaser will invest in the Company as follows:*

 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(a) the Purchaser will purchase, on 4 different tranches, from the Seller, who in turn will sell, an interest in the Company, subject to the terms and conditions of this Agreement; and*

 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(b) the Purchaser will subscribe and fully pay-in, progressively, the First Share Capital Increase, the Second Share Capital Increase and the Final Share Capital Increase (as defined below);*

 

*the transactions contemplated under previous letter (a) and letter (b), collectively, "Transaction"), so that upon completion of the Transaction, the Purchaser will own in aggregate a shareholding interest that will reach up to **52** 51.73% of the Company's share capital (the "Quota")*."

2.1.2 *Amendment to paragraph 1.1.18 of the SPA* 

The Parties acknowledge and agree that paragraph 1.1.18 of the SPA must be amended and supplemented as follows (the underlined words and expressions in bold are added to the SPA and shall thus be effective, while the words stricken through are deleted from the SPA and shall thus be ineffective):

 

*"1.1.18 "Final Closing" means the sale and purchase of the Final Stake, the resolution of the Final Share Capital Increase, the subscription and payment of the Final Share Capital Increase and, in general, the execution and exchange of all documents and agreements and the performance and consummation of all obligations and transactions, respectively required to be executed, exchanged, performed and/or consummated on the Final Closing Date pursuant to this Agreement.*"

2.1.3 *Amendment to paragraph 1.1.19 of the SPA* 

The Parties acknowledge and agree that paragraph 1.1.19 of the SPA must be amended and supplemented as follows (the underlined words and expressions in bold are added to the SPA and shall thus be effective, while the words stricken through are deleted from the SPA and shall thus be ineffective):

"*1.1.19 "Final Closing Date" means **20 June 2025** (i) 31 March 2025; or (ii) any other date agreed in writing by the Parties.*"

2.1.4 *Amendment to paragraph 1.1.20 of the SPA* 

The Parties acknowledge and agree that paragraph 1.1.20 of the SPA must be amended and supplemented as follows (the underlined words and expressions in bold are added to the SPA and shall thus be effective, while the words stricken through are deleted from the SPA and shall thus be ineffective):

"*1.1.20 "Final Share Capital Increase" means an indivisible share capital increase (aumento di capitale a pagamento inscindibile), for an aggregate amount of EUR **251,778.00** 1,500,000.00, of which EUR **1,000.00** 3,000.00 to share capital and EUR **250,778.00** 1,497,000.00 to share premium (sovrapprezzo).*"

2.1.5 *Amendment to paragraph 1.1.21 of the SPA* 

The Parties acknowledge and agree that paragraph 1.1.21 of the SPA must be amended and supplemented as follows (the underlined words and expressions in bold are added to the SPA and shall thus be effective, while the words stricken through are deleted from the SPA and shall thus be ineffective):

"*1.1.21 "Final Stake" means a quota of the Company's share capital with a nominal value equal to EUR **874.00** 2,000.00.*"

2.1.6 *Amendment to paragraph 2.2.2 of the SPA* 

 

The Parties acknowledge and agree that paragraph 2.2.2 of the SPA must be amended and supplemented as follows (the underlined words and expressions in bold are added to the SPA and shall thus be effective, while the words stricken through are deleted from the SPA and shall thus be ineffective):

"*2.2.2 The Parties acknowledge and agree that the Purchaser has entered into this Agreement, and is interested in pursuing the Transaction, on the fundamental assumption that at each Closing and on each Closing Date the Purchaser will ac-quire an interest in the Company representing not less than the First Stake, the Second Stake, the Third Stake and the Final Stake, as the case may be; according-ly, the Quota is to be deemed, as between the Parties, as a single and indivisible asset, also for the purposes of article 1316 of the Italian Civil Code, and the Pur-chaser shall be under no obligation to proceed with each Closing and, in general, with the Transaction if (i) at the First Closing Date (before the approval of the First Share Capital Increase), the First Stake represents less than 10% of the cor-porate capital of the Company, (ii) at the Second Closing Date (before the ap-proval of the Second Share Capital Increase), the Second Stake represents less than 4.34% of the corporate capital of the Company, (iii) at the Third Closing Date, the Third Stake represents less than 3.84% of the corporate capital of the Company, and (iv) at the Final Closing Date (before the approval of the Final Share Capital Increase), the Final Stake represents less than **3.95%** 7.69% of the corporate capital of the Company*."

2.1.7 *Amendment to paragraph 2.3.1 of the SPA* 

The Parties acknowledge and agree that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) paragraph 2.3.1(a)(iii) of the SPA must be amended and supplemented
as follows (the underlined words and expressions in bold are added to the SPA and shall thus be effective, while the words stricken through
are deleted from the SPA and shall thus be ineffective):

"*(iii) **prior to** on and effective as of the Final Closing Date, the Seller shall cause the shareholders' meeting of the Company to resolve the Final Share Capital Increase, with the exclusion of the right of subscription in favor of the Seller, to be fully subscribed and paid in by the Purchaser by means of contribution in cash to the bank account indicated by the Company in due time*." and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) paragraph 2.3.1(b)(iii) must be amended and supplemented as
follows (the underlined words and expressions in bold are added to the SPA and shall thus be effective, while the words stricken through
are deleted from the SPA and shall thus be ineffective):

"*(iii) the Final Share Capital Increase **prior to** as at the Final Closing, in accordance with the provisions under Paragraph 2.3.1(a)(iii).*"

2.1.8 *Amendment to paragraph 3.1.1(d) of the SPA* 

The Parties acknowledge and agree that paragraph 3.1.1(d) of the SPA must be amended and supplemented as follows (the underlined words and expressions in bold are added to the SPA and shall thus be effective, while the words stricken through are deleted from the SPA and shall thus be ineffective):

"*(d) EUR **2,250,000.00** 1,000,000.00 as consideration for the Final Stake (the "Final Stake Purchase Price" and, together with the First Stake Purchase Price, the Second Stake Purchase Price and the Third Stake Purchase Price, the "Purchase Price*"*).*"

2.1.9 *Amendment to paragraph 3.2(d) of the SPA* 

The Parties acknowledge and agree that paragraph 3.2(d) of the SPA must be amended and supplemented as follows (the underlined words and expressions in bold are added to the SPA and shall thus be effective, while the words stricken through are deleted from the SPA and shall thus be ineffective):

"*(d) on the Final Closing Date, the Final Stake Purchase Price, of which (i) EUR **1,250,000.00** 500,000.00 to be paid in cash and (ii) EUR **1,000,000.00** 500,000.00 to be paid in BH Shares at Final BH Shares Price, the number of which shall be calculated using the Exchange Rate*."

2.1.10 *Amendment to paragraph 3.3 of the SPA* 

The Parties acknowledge and agree that section 3.3 of the SPA must be deleted and considered no longer in place.

2.1.11 *Amendments to paragraph 10.2 of the SPA* 

The Parties acknowledge and agree that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) paragraphs 10.2.1(a)(iii)(1) and 10.2.1(c)(iii) must be deleted
and considered no longer in place; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) paragraph 10.2.1(c)(iv) must be amended and supplemented as
follows (the underlined words and expressions in bold are added to the SPA and shall thus be effective, while the words stricken through
are deleted from the SPA and shall thus be ineffective):

" *(iv) execute and deliver, or cause to be executed and delivered, such other documents or such instruments as may be necessary, un-der applicable Law, to the Purchaser to (1) acquire full and unencumbered rights, ownership, title and interests of the Final Stake from the Seller and (2) subscribe and fully pay-in the Final Share Capital Increase and (3) properly effect the transactions contemplated in this Agreement, or comply with any applicable Law*." and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the following paragraph must be added, following paragraph (iv),
to paragraph 10.2.1(c) of the SPA:

"*(v) execute and deliver to the Seller an indemnity and hold harmless letter to the benefit of the Chairman of the board of directors in respect of all the acts performed in his office during the period between 1st January 2025 and the Final Closing Date, provided that such acts (i) were carried out in the interest of the Company, under urgency, and even in the absence of prior board resolution, but (ii) except for the cases of willful misconduct or gross negligence (dolo o colpa grave)*"

2.1.12 *Amendment to paragraph 10.3.1 of the SPA* 

The Parties acknowledge and agree that paragraph 10.3.1 must be amended and supplemented as follows (the underlined words and expressions in bold are added to the SPA and shall thus be effective, while the words stricken through are deleted from the SPA and shall thus be ineffective):

"*As a result of the actions and transactions under Paragraph 10.2.1, upon completion of the Final Closing, the Company's share capital will be held as follows:*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) *the Seller will own a quota representing **48** 48.27 % of the Company's share capital; and* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) *the Purchaser will own a quota representing **52** 51.73 % of the Company's share capital.* "

3. Conditions Precedent

The Parties hereby acknowledge and agree that, on the Final Closing Date, (i) all the Conditions Precedent have been fulfilled; (ii) the Seller provided the Purchaser with evidence of the fulfilment of the Conditions Precedent referred to in Paragraphs 7.1.1(b) and 7.1.1(d); and (ii) no Material Adverse Effect has occurred.

4. Interim Period

The Seller represents and warrants to the Purchaser that during the Interim Period no action exceeding the Ordinary Course of Business has been performed by the Seller and/or the Company.

5. Pre-Final Closing activities

The Parties acknowledge and agree that on June, 13 2025, the Company resolved the Final Share Capital Increase, with the exclusion of the right of subscription in favor of the Seller, which, on the same date, was fully subscribed and paid in cash by the Purchaser.

6. Activities at Final Closing

The Parties acknowledge and agree that all the actions and transactions constituting the Final Closing under the SPA, as amended and supplemented by this Closing Memorandum, have been performed on the date hereof, so that the Final Closing is to be considered, for all purposes under the SPA and the Law, fully consummated.

7. Representations and warranties
of the Seller

In accordance with paragraph 10.2.1(b)(i) of the SPA, the Seller hereby confirms and certificates that the Representations and Warranties of the Seller set forth under Annex 11.1 of the SPA are true and correct as at the Final Closing Date and have not ceased to be true and correct at any time between the First Closing Date and the Final Closing Date.

8. Post-Final Closing undertakings

8.1 **Undertaking of the Seller** 

Within, and no later than, 2 (two) Business Days from the date hereof, the Seller shall irrevocably and unconditionally undertake to provide a non-interest-bearing shareholder's loan in favour of the Company for an aggregate amount of EUR 250,000.00.

8.2 Undertakings of the Purchaser

As soon as possible following the Final Closing Date, the Purchaser shall use all its reasonable efforts to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) in proportion to its shareholding in the Company's share
capital as determined following the Final Closing, assume or replace any and all guarantees, sureties, and similar obligations issued
or provided by the Seller for the benefit of the Company (including, the restricted deposit of EUR 400,000.00 granted to Banca Generali
S.p.A. to issue the bank guarantee required for the registration of the Club to 2025/2026 Serie B championship); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) file a Resale Registration Statement under Form F-1 with the
SEC to make all BH Shares issued to the Company and the Seller freely tradeable, and to execute separate documentation from the Purchaser
removing any Lock-Up and Leak- Out restrictions (i) for the Company as soon as possible, and (ii) for XXS only where the BH Shares are
used to fund a share capital increase of the Company. It remains understood among the Parties that the filing of the Registration Statement
with the SEC is conditional upon completion of the re-audit of Grant Thornton's on the Company's last 2 years' financial
statements according to IFRS and PCAOB standards. The Seller shall (and shall procure the Company and its external legal and accounting
advisors to) provide any cooperation reasonably required by the Purchaser in order to file the Registration Statement.

9. Other provisions

9.1 **One and the same agreement** 

The Parties hereby acknowledge and agree that (i) the SPA, as amended and supplemented by the provisions of this Closing Memorandum, continues in full force and effect in accordance with its terms, and (ii) the SPA and this Closing Memorandum, taken together, constitute one and the same agreement.

9.2 No other change

This Closing Memorandum is aimed solely at integrating and amending the SPA according to the exclusive and specific terms and conditions provided herein, without any novative effect (*efficacia novativa*) on any provision of the SPA that is not directly or indirectly object of the integrations and amendments as of this Closing Memorandum.

9.3 Applicable Law

This Closing Memorandum shall be governed by, and construed and interpreted in accordance with, the Laws of Italy.

9.4 Miscellanea

Articles 15 (*Miscellaneous provisions*) to 17 (*Dispute Resolution*) of the SPA shall apply to this Closing Memorandum, *mutatis mutandis*.

\* \* \*

If you agree with the above proposal, please reproduce the entire content of the Amendment Agreement and Final Closing Memorandum in a new letter, which should be returned to us du- ly signed in sign of your full and unconditional acceptance.

Yours faithfully,

**Brera Holdings PLC**

---

| |
|:---|
| /s/ Daniel Joseph McClory |
| Daniel Joseph Mc Clory |
| *Executive Chairman and authorized signatory"* |

---

 

*\* \* \**

 

 

In sign of full and unconditional acceptance.

Yours faithfully,

**XX Settembre Holding S.r.l.**

---

| |
|:---|
| /s/ Andrea Langella |
| Andrea Langella |
| *Director and authorized signatory* |

---

## Exhibit 99.1

**Exhibit 99.1**

**Brera Holdings Completes Final Closing and Acquires 52 Percent Majority Ownership Stake in Storied Italian Serie B Football Club SS Juve Stabia srl "The Second Team of Naples"**

![](ex99-1_001.jpg)

Juve Stabia Club President Andrea Langella (left) with Brera Holdings PLC Executive Chairman Daniel McClory (right)

Dublin, Ireland, and Naples, Italy, June 23, 2025 (GLOBE NEWSWIRE) -- Brera Holdings PLC ("Brera Holdings," "Brera" or the "Company") (Nasdaq: BREA), an Ireland-based, Nasdaq-listed, international holding company focused on expanding its global portfolio of men's and women's sports clubs through a multi-club ownership ("MCO") approach, today announced the completion of the final closing for its acquisition of a 52% majority ownership stake in Italian Serie B football club SS Juve Stabia srl, known as "The Second Team of Naples" ("Juve Stabia" or the "Club"), from prior majority owner XX Settembre srl, the holding company of Club President Andrea Langella.

The transaction aligns with Brera's strategic vision to drive revenue growth, operational efficiencies, and long-term value creation through its MCO platform.

"The final closing marks the successful completion of our majority investment in Juve Stabia," said Daniel McClory, Founder and Executive Chairman of Brera Holdings. "We are privileged to partner with President Andrea Langella, alongside Juve Stabia's existing management and invest in this historic club. We plan to capitalize on player development opportunities, leveraging Juve Stabia's strong foundation and excellent competitive position in Serie B, placing fifth in the 2024-25 season standings, and coming within one match of the Serie A promotion playoff final. This investment reflects our confidence in Juve Stabia's potential to deliver robust contributions to Brera Holdings and our shareholders in 2025 and beyond."

Zephiro Investments, with its founding partner Joseph Grosso, provided Juve Stabia with M&A advisory services. Barone & Associati served as Italian legal counsel to the Club. Boustead Securities, LLC was financial advisor to Brera Holdings, while BonelliErede acted as Italian legal counsel, with Bevilacqua PLLC serving as U.S. securities counsel.

**ABOUT BRERA HOLDINGS PLC**

Brera Holdings PLC (Nasdaq: BREA) is dedicated to expanding its social impact football business by developing a global portfolio of emerging football and sports clubs. Building on the legacy of Brera FC, which it acquired in 2022, the Company aims to create opportunities for tournament prizes, sponsorships, and professional consulting services. Brera FC, recognized as "The Third Team of Milan," has been crafting an alternative football legacy since its founding in 2000. The club also organizes the FENIX Trophy, a nonprofessional pan-European tournament acknowledged by UEFA. This tournament, which has been referred to as "the Champions League for Amateurs" by BBC Sport, has garnered significant media coverage, including from ESPN.

In its efforts to broaden its reach, Brera expanded into Africa in March 2023 by establishing Brera Tchumene FC in Mozambique, which quickly rose to the First Division after winning its post-season tournament. In April 2023, the Company acquired a 90% stake in the North Macedonian first-division team Fudbalski Klub Akademija Pandev, now known as Brera Strumica FC. Additionally, in June 2023, Brera made a strategic investment in Manchester United PLC, realizing a 74% gain. The Company has further diversified its portfolio by assuming control of Bayanzurkh Sporting Ilch FC, a Mongolian National Premier League team, which became Brera Ilch FC, in September 2023, and establishing 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 June 2024.

On December 31, 2024, Brera executed an agreement to acquire majority stake of the corporate capital of Juve Stabia srl, the company which manages the Italian Serie B football club Juve Stabia, also known as "The Second Team of Naples". The acquisition of Brera's 52% majority control position was concluded on June 20, 2025, following a multi-step process and marks a significant expansion of the Company's MCO model. With a strategic emphasis on bottom-up value creation, innovation-driven growth, and socially impactful outcomes, Brera Holdings has established itself as a forward-thinking leader in the global sports industry. For more information, visit www.breraholdings.com.

**Cautionary Note Regarding Forward-Looking Statements**

This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company's ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or similar words. Actual results could differ materially from those described in these forward-looking statements due to a number of factors, including without limitation, the Company's ability to continue as a going concern, the popularity and/or competitive success of the Company's acquired football and other sports teams, the Company's ability to attract players and staff for acquired clubs, unsuccessful acquisitions or other strategic transactions, the possibility of a decline in the popularity of football or other sports, the Company's ability to expand its fanbase, sponsors and commercial partners, general economic conditions, and other risk factors detailed in the Company's filings with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update such forward-looking statements except in accordance with applicable law.

**Company Contact Information:**

Dan McClory, Executive Chairman, Brera Holdings PLC

Email: dan@breraholdings.com