Dublin-based Brera football investment group soars as it pivots to crypto – The Irish Times
Brera Holdings, a Dublin-based company that holds stakes in a number of lower-league football clubs, has had a woeful experience for most of the time since it floated in New York in early 2023.
Set as a corporate entity over Brera FC, the so-called “third team of Milan” (after Inter Milan and AC Milan), the company’s stock soon drifted well below its $5 (€4.26) initial public offering (IPO) price as it invested in clubs in the likes of Mozambique, North Macedonia and Mongolia.
Indeed, it was forced to consolidate shares in a one-for-10 conversion over the summer to get the stock above the minimum $1 level required by the Nasdaq to remain quoted on that exchange.
That was before Brera announced on Thursday it has become the…
