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Related Party

6 Months Ended

Jun. 30, 2023

Note 23 – Related party

The related parties had transactions for the six months ended June 30, 2023 and for the year ended December 31, 2022 consist of the following:

Name of the related parties		Nature of relationship
Brera Calcio AS		Shareholder of the Company being the president of this entity
Alessandro Aleotti		Shareholder
Leonardo Aleotti		Shareholder
Marco Sala		Shareholder
Max Srl		Shareholder
Stefano Locatelli		Shareholder
Rocca Christian		Shareholder
Scalpelli Sergio Carlo		Shareholder
Adrio Maria de Carolis		Shareholder
Goran Pandev		Shareholder

	June 30, 2023		December 31, 2022
	EUR		EUR
Other receivables – related parties
Alessandro Aleotti		-		333
Marco Sala		-		333
Sergio Carlo Scalpelli		-		333
Christian Rocca		-		334
Stefano Locatelli		-		-
Brera Calcio AS		-		3,076

Deposits and prepayments – related parties
Max Srl		-		38,856
Stefano Locatelli		-		35,868
Sergio Carlo Scalpelli		-		22,020

Trade payables – related parties
Max Srl		-		19,666
Stefano Locatelli		-		9,867
Sergio Carlo Scalpelli		-		4,146
Francesca Duva		-		3,090

Loan from a shareholder
Sergio Carlo Scalpelli		-		-

As at June 30, 2023 and December 31, 2022, balances due from and due to related parties primarily represent monetary advancements and repayments by the related parties for its normal course of business.

From March 2016 to May 2022, Brera Milano engaged SWG S.p.A., or SWG, to provide certain polling services, free of charge, and without agreements in writing. SWG is beneficially owned by Adrio Maria de Carolis, a beneficial owner of approximately 30.9% of our Class A Ordinary Shares and a former director of Brera Holdings.