Brera to wind down soccer teams as it pivots to Solana infrastructure

Brera Holdings’ board approved a plan to shift the Nasdaq-listed company toward Solana infrastructure and treasury operations while shutting down two of its soccer teams and proposing a reverse stock split. The proposal, which still requires shareholder approval, would rename the company Solmate Infrastructure and narrow its focus to building Solana (SOL) staking, validation and treasury services, with Abu Dhabi as its main base.

"By focusing our capital and corporate identity on Solana, we are positioning ourselves to be a central player in the region’s rapidly expanding digital economy," said CEO Marco Santori. As part of the transition, Brera plans to wind down its Brera Tchumene and Brera IIch soccer teams, which the company described as underperforming, while retaining Italian club Juve Stabia.

Funds freed from the closed teams will be redirected toward the Solana infrastructure strategy in the United Arab Emirates.

United Arab Emirates, Abu Dhabi

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