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Sports Portfolio Acquisitions and Discontinued Operations (Tables) | 12 Months Ended
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Dec. 31, 2025
Sports Portfolio Acquisitions and Discontinued Operations [Abstract] |
Schedule of Discontinued Operations | IFRS 3 Purchase Price Allocation of Juve Stabia
|  | Purchase Price Allocation June 20, 2025 |
Net Tangible Assets |  |  |
Current assets |  | € | 2,340 | (*)
Current liabilities minus short term debt |  |  | (6,143 | )
Net working capital |  |  | (3,803 | )
Fixed assets, net |  |  | 31 |
Other assets |  |  | 7 |
Deferred tax liability |  |  | (4,062 | )
Total tangible asset allocation |  | € | (7,827 | )
Identifiable Intangible Assets |  |  |  |
Player contracts |  | € | 1,530 |
Broadcasting rights |  |  | 2,600 |
Brand |  |  | 8,930 |
Advertising |  |  | 1,100 |
Season ticket holders |  |  | 400 |
Total identifiable intangible assets |  | € | 14,560 |
Implied goodwill |  |  | 9,999 |
Total economic goodwill |  |  | 9,999 |
Business Enterprise Value (BEV) |  |  | 16,732 |
Long-term debt |  | € | (4,727 | )
Non-controlling interest |  |  | (483 | )
Total Purchase Price |  | € | 11,522 | (**)
| (*) | Current assets include the cash acquired amounting to €150. The total net cash consideration related to our acquisition of Juve Stabia amounted to €3,600. The net cash consideration related to our acquisition of Juve Stabia recognized for the year ended December 31, 2025 amounted to €3,100, as reflected in the consolidated statement of cash flows under investing activity.
| (**) | As part of the step-up acquisition, Brera Holdings obtained control of Juve Stabia on June 20, 2025, in which it previously held a non controlling equity interest of 38.46% prior to obtaining control. In accordance with IFRS 3, the previously held investment was remeasured to its fair value of approximately €7,042 as of the acquisition date, compared to its prior carrying amount of approximately €5,000. The resulting gain of approximately €2,042 was recognized in profit or loss under other income (expense).
Schedule of Condensed Consolidated Statement of Profit or Loss | Below represents the profit or loss of Juve Stabia since the acquisition date included in the condensed consolidated statement of profit or loss for the year ended December 31, 2025
|  | December 31, 2025 |
Revenue |  | € | 2,577 |
Operating expenses |  |  |  |
Equity based expense and warrants |  |  | - |
General and administrative expenses |  |  | 12,068 |
Impairment of non-financial assets |  |  | - |
Total operating expenses |  |  | 12,068 |
Operating loss |  |  | (9,491 | )
Other income (expense): |  |  |  |
Interest expense |  |  | (63 | )
Other income |  |  | 5,156 |
Total other income, net |  | € | 5,093 |
Loss before income taxes |  | € | (4,398 | )
Provision for income taxes |  |  | 150 |
Net loss |  | € | (4,548 | )
Schedule of Unaudited Pro Forma Profit and Loss | The following unaudited pro forma profit and loss of the Company for the year ended December 31, 2025 give effect to the XX Settembre Agreement as if they had occurred on January 1, 2025
|  | Historical Brera Holdings PLC(*) |  |  | Historical Juve Stabia (**) |  |  | Unaudited Pro Forma Adjustments (***) |  |  | Unaudited Pro Forma Combined |
Revenue |  | € | 4,484 |  |  | € | 6,973 |  |  | € | - |  |  | € | 11,457 |
Operating expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity based expenses and warrants |  |  | 269,125 |  |  |  | - |  |  |  | - |  |  |  | 269,125 |
General and administrative expense |  |  | 37,871 |  |  |  | 10,280 |  |  |  | 567 |  |  |  | 48,718 |
Impairment of non-financial assets |  |  | 81,999 |  |  |  | - |  |  |  | - |  |  |  | 81,999 |
Total operating expenses |  |  | 388,995 |  |  |  | 10,280 |  |  |  | 567 |  |  |  | 399,842 |
Operating loss from continuing operations |  |  | (384,511 | ) |  |  | (3,307 | ) |  |  | (567 | ) |  |  | (388,385 | )
Other income (expense): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense |  |  | (229 | ) |  |  | (95 | ) |  |  | - |  |  |  | (324 | )
Other income |  |  | 6,297 |  |  |  | 468 |  |  |  | - |  |  |  | 6,765 |
Total other income |  |  | 6,068 |  |  |  | 373 |  |  |  | - |  |  |  | 6,441 |
Loss before income taxes from continuing operations |  |  | (378,443 | ) |  |  | (2,934 | ) |  |  | (567 | ) |  |  | (381,944 | )
Provision for income taxes |  |  | (1,109 | ) |  |  | 294 |  |  |  | - |  |  |  | (815 | )
Net loss from continuing operations |  |  | (377,334 | ) |  |  | (3,228 | ) |  |  | (567 | ) |  |  | (381,129 | )
Loss from discontinued operations, net of tax |  |  | (711 | ) |  |  | - |  |  |  | - |  |  |  | (711 | )
Net loss |  | € | (378,045 | ) |  | € | (3,228 | ) |  | € | (567 | ) |  | € | (381,840 | )
Attributable to the Company |  |  | (376,223 | ) |  |  | (1,679 | ) |  |  | (295 | ) |  |  | (378,197 | )
Attributable to non-controlling interest |  |  | (1,822 | ) |  |  | (1,549 | ) |  |  | (272 | ) |  |  | (3,643 | )
|  |  | (378,045 | ) |  |  | (3,228 | ) |  |  | (567 | ) |  |  | (381,840 | )
Other comprehensive income (loss): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency translation adjustments |  |  | 2,270 |  |  |  | - |  |  |  | - |  |  |  | 2,270 |
Total comprehensive loss |  | € | (375,775 | ) |  | € | (3,228 | ) |  | € | (567 | ) |  | € | (379,570 | )
Weighted average shares outstanding - basic and diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ordinary shares - Class A |  |  | 45,142 |  |  |  |  |  |  |  |  |  |  |  | 45,142 |
Ordinary shares - Class B |  |  | 2,269,090 |  |  |  |  |  |  |  |  |  |  |  | 2,269,090 |
Net loss per share from continuing operations - basic and diluted |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ordinary shares - Class A |  |  | (162.42 | ) |  |  |  |  |  |  |  |  |  |  | (163.42 | )
Ordinary shares - Class B |  |  | (162.42 | ) |  |  |  |  |  |  |  |  |  |  | (163.42 | )
Net loss per share from discontinued operations - basic and diluted |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ordinary shares - Class A |  |  | (0.15 | ) |  |  |  |  |  |  |  |  |  |  | (1.57 | )
Ordinary shares - Class B |  |  | (0.15 | ) |  |  |  |  |  |  |  |  |  |  | (1.57 | )
| (*) | Includes the profit and loss activity of Juve Stabia from June 21, 2025 to December 31, 2025
| (**) | Includes the profit and loss activity of Juve Stabia from January 1, 2025 through June 20, 2025 (date of acquisition)
| (***) | Unaudited pro forma adjustment pertains to amortization of intangibles for the period of January 1, 2025 through June 20, 2025.
The following unaudited pro forma profit and loss of the Company for the year ended December 31, 2024 give effect to the XX Settembre Agreement as if they had occurred on January 1, 2024
|  | Historical Brera Holdings PLC |  |  | Historical Juve Stabia |  |  | Unaudited Pro Forma Adjustments (*) |  |  | Unaudited Pro Forma Combined |
Revenue |  | € | 1,193 |  |  | € | 6,548 |  |  | € | - |  |  | € | 7,741 |
Operating expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity based expenses and warrants |  |  | 961 |  |  |  | - |  |  |  | - |  |  |  | 961 |
General and administrative expense |  |  | 4,473 |  |  |  | 11,349 |  |  |  | 1,210 |  |  |  | 17,032 |
Impairment of non-financial assets |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total operating expenses |  |  | 5,434 |  |  |  | 11,349 |  |  |  | 1,210 |  |  |  | 17,993 |
Operating loss from continuing operations |  |  | (4,241 | ) |  |  | (4,801 | ) |  |  | (1,210 | ) |  |  | (10,252 | )
Other income (expense): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense |  |  | (8 | ) |  |  | (130 | ) |  |  | - |  |  |  | (138 | )
Other income |  |  | 412 |  |  |  | 791 |  |  |  | - |  |  |  | 1,203 |
Total other income |  |  | 404 |  |  |  | 661 |  |  |  | - |  |  |  | 1,065 |
Loss before income taxes from continuing operations |  |  | (3,837 | ) |  |  | (4,140 | ) |  |  | (1,210 | ) |  |  | (9,187 | )
Provision for income taxes |  |  | - |  |  |  | 115 |  |  |  | - |  |  |  | 115 |
Net loss from continuing operations |  |  | (3,837 | ) |  |  | (4,255 | ) |  |  | (1,210 | ) |  |  | (9,302 | )
Loss from discontinued operations, net of tax |  |  | (1,212 | ) |  |  | - |  |  |  | - |  |  |  | (1,212 | )
Net loss |  | € | (5,049 | ) |  | € | (4,255 | ) |  | € | (1,210 | ) |  | € | (10,514 | )
Attributable to the Company |  |  | (4,428 | ) |  |  | (2,111 | ) |  |  | (629 | ) |  |  | (7,168 | )
Attributable to non-controlling interest |  |  | (621 | ) |  |  | (2,144 | ) |  |  | (581 | ) |  |  | (3,346 | )
|  |  | (5,049 | ) |  |  | (4,255 | ) |  |  | (1,210 | ) |  |  | (10,514 | )
Other comprehensive income (loss): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency translation adjustments |  |  | (28 | ) |  |  | - |  |  |  | - |  |  |  | (28 | )
Total comprehensive loss |  | € | (5,077 | ) |  | € | (4,255 | ) |  | € | (1,210 | ) |  | € | (10,542 | )
Weighted average shares outstanding - basic and diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ordinary shares - Class A |  |  | 65,950 |  |  |  |  |  |  |  |  |  |  |  | 65,950 |
Ordinary shares - Class B |  |  | 58,634 |  |  |  |  |  |  |  |  |  |  |  | 58,634 |
Net loss per share from continuing operations - basic and diluted |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ordinary shares - Class A |  |  | (35.65 | ) |  |  |  |  |  |  |  |  |  |  | (74.66 | )
Ordinary shares - Class B |  |  | (35.65 | ) |  |  |  |  |  |  |  |  |  |  | (74.66 | )
Net loss per share from discontinued operations - basic and diluted |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ordinary shares - Class A |  |  | (9.76 | ) |  |  |  |  |  |  |  |  |  |  | (9.72 | )
Ordinary shares - Class B |  |  | (9.76 | ) |  |  |  |  |  |  |  |  |  |  | (9.72 | )
| (*) | Unaudited pro forma adjustment pertains to amortization of intangibles for the year ended of December 31, 2024
Schedule of Discontinued Operations | At the date control was lost, UYBA had total assets of approximately €4,300 and total liabilities of approximately €4,700, resulting in a net deficit position of approximately €365. See below table for details of the net deficit:
|  | June 17, 2025 |
ASSETS |  |  |
Current assets: |  |  |
Cash |  | € | 268 |
Trade and other receivables |  |  | 730 |
Inventory |  |  | 4 |
Deposits and prepayments |  |  | 24 |
Total current assets |  |  | 1,026 |
Non-current assets: |  |  |  |
Property and equipment |  |  | 1,003 |
Right-of-use assets, net |  |  | 458 |
Goodwill |  |  | 471 |
Intangible assets |  |  | 1,336 |
Total assets |  | € | 4,294 |
LIABILITIES AND NET DEFICIT |  |  |  |
Current liabilities |  |  |  |
Trade and other payables |  | € | 1,973 |
Deferred revenue |  |  | 16 |
Lease liabilities |  |  | 33 |
Loan payable |  |  | 77 |
Bank overdraft |  |  | 324 |
Total current liabilities |  |  | 2,423 |
Non-current liabilities |  |  |  |
Trade and other payables |  |  | 1,104 |
Lease liabilities |  |  | 506 |
Loan payable |  |  | 625 |
Total non-current liabilities |  |  | 2,235 |
Total liabilities |  |  | 4,658 |
Net deficit |  | € | (364 | )
See the tables below for the summary of assets and liabilities of UYBA classified as discontinued operations as of and for the periods presented
|  | December 31, 2024 |
ASSETS |  |  |
Current assets: |  |  |
Cash |  | € | 10 |
Accounts receivable and other receivables, net |  |  | 690 |
Inventory |  |  | 4 |
Deposits and prepayments |  |  | 29 |
Total current assets of discontinued operations |  |  | 733 |
Non-current assets: |  |  |  |
Property and equipment |  |  | 1,327 |
Right-of-use assets, net |  |  | 508 |
Goodwill |  |  | 167 |
Intangible assets |  |  | 1,783 |
Total assets of discontinued operations |  | € | 4,518 |
LIABILITIES AND SHAREHOLDERS’ EQUITY |  |  |  |
Current liabilities |  |  |  |
Trade and other payables |  | € | 1,974 |
Deferred revenue |  |  | 229 |
Lease liabilities |  |  | 68 |
Loan payable |  |  | 75 |
Bank overdraft |  |  | 339 |
Total current liabilities of discontinued operations |  |  | 2,685 |
Non-current liabilities |  |  |  |
Trade and other payables |  |  | 1,195 |
Lease liabilities |  |  | 497 |
Loan payable |  |  | 138 |
Total non-current liabilities of discontinued operations |  |  | 1,830 |
Total liabilities of discontinued operations |  | € | 4,515 |
See the tables below for the summary of statement of operations of UYBA classified as discontinued operations as of and for the periods presented
|  | December 31, 2025 |  |  | December 31, 2024 |  |  | December 31, 2023 |
Revenue |  | € | 972 |  |  | € | 1,693 |  |  | € | 837 |
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |
Equity-based expenses and warrants |  |  | - |  |  |  | - |  |  |  | - |
General and administrative expenses |  |  | 1,599 |  |  |  | 3,008 |  |  |  | 2,460 |
Impairment of non-financial assets |  |  | - |  |  |  | - |  |  |  | - |
Total operating expenses |  |  | 1,599 |  |  |  | 3,008 |  |  |  | 2,460 |
Other income (expense): |  |  |  |  |  |  |  |  |  |  |  |
Interest income (expense) |  |  | (22 | ) |  |  | (65 | ) |  |  | (51 | )
Other income |  |  | 35 |  |  |  | 127 |  |  |  | (17 | )
Net gain/loss on disposal of subsidiary |  |  | (97 | ) |  |  | - |  |  |  | - |
Total other expenses, net |  |  | (84 | ) |  |  | 62 |  |  |  | (68 | )
Loss before income taxes |  |  | (711 | ) |  |  | (1,253 | ) |  |  | (1,691 | )
Provision for income taxes |  |  | - |  |  |  | 41 |  |  |  | 41 |
Net loss |  |  | (711 | ) |  |  | (1,212 | ) |  |  | (1,732 | )
|  | December 31, |
|  | 2025 |  |  | 2024 |  |  | 2023 |
Net cash provided by (used in) operating activities from discontinued operations |  | € | (701 | ) |  | € | 9 |  |  | € | (389 | )
Net cash provided by (used in) investing activities from discontinued operations |  | € | (33 | ) |  | € | (208 | ) |  | € | (989 | )
Net cash provided by (used in) financing activities from discontinued operations |  | € | 488 |  |  | € | (137 | ) |  | € | - |

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