Brera Holdings Receives Outperform Rating with $11.50 Price Target from PartnerCap Securities

PartnerCap Securities has initiated coverage of Brera Holdings PLC (NASDAQ: BREA) with an Outperform rating and $11.50 price target in a research report titled "Kicking off a Global Value Play: Early Entry into the World's First Public MCO Platform." The report emphasizes Brera's pioneering multi-club ownership model in global football, citing favorable industry trends, improving revenue and profitability metrics, and strong management alignment as key factors supporting the positive outlook.

Currently trading at approximately 1.0x FY2026 enterprise value to revenue compared to peer multiples around 2.7x, Brera's valuation appears to discount its growth potential from both existing portfolio assets and future acquisitions. The $11.50 price target is underpinned by FY2026 revenue estimates of $15.2 million, suggesting substantial upside from current trading levels. The full research report detailing this analysis is available at https://ibn.fm/QDj1v.

Brera Holdings has been aggressively expanding its football portfolio through strategic acquisitions and investments across multiple continents. The company acquired Brera FC in 2022, known as "The Third Team of Milan," and has since established a presence in Africa with Brera Tchumene FC in Mozambique, which rapidly advanced to the First Division. In April 2023, the company acquired a 90% stake in North Macedonian first-division team Fudbalski Klub Akademija Pandev, now operating as Brera Strumica FC.

The expansion continued with a strategic investment in Manchester United PLC that generated a 74% gain in June 2023, followed by control of Mongolian National Premier League team Bayanzurkh Sporting Ilch FC, rebranded as Brera Ilch FC, in July 2023. The company further diversified by establishing a joint stock company for North Macedonian women's football club Tiverija Strumica, now Brera Tiverija FC, in September 2023. Most significantly, Brera completed the acquisition of a 52% majority stake in Italian Serie B club Juve Stabia on June 20, 2025, marking a major expansion of its multi-club ownership model. Additional information about the company is available at https://www.breraholdings.com.

Beyond club ownership, Brera FC organizes the FENIX Trophy, a nonprofessional pan-European tournament recognized by UEFA and described by BBC Sport as "the Champions League for Amateurs." The tournament has received significant media coverage from major outlets including ESPN, enhancing Brera's brand visibility and social impact footprint in the football community. The company's strategic approach focuses on bottom-up value creation, innovation-driven growth, and socially impactful outcomes, positioning it as a forward-thinking leader in the global sports industry. Investors can access the latest news and updates relating to BREA through the company's newsroom at http://ibn.fm/BREA.