- Brera Holdings (NASDAQ: BREA) expresses condolences following a cable car tragedy near Castellammare di Stabia.
- The accident resulted in four fatalities and one critical injury.
- Juve Stabia, part of Brera's portfolio, plans to honor victims in their upcoming match.
Brera Holdings PLC (BREA, Financial) and SS Juve Stabia, a football club in their portfolio, have extended their deepest condolences following a tragic cable car accident on Monte Faito near Castellammare di Stabia. The accident occurred when a traction cable snapped, leading to the fall of an ascending cabin, causing four fatalities and one critical injury. A descending cabin carrying eight passengers and an operator was safely evacuated.
The cable car line had just reopened a week prior in anticipation of the tourist season. In a show of solidarity, Brera Holdings' Executive Chairman, Dan McClory, reached out to Castellammare di Stabia's Mayor Luigi Vicinanza to offer support and condolences. On April 21, during their home match against Sampdoria, Juve Stabia will wear black armbands and have requested a minute of silence to honor the victims.
Brera Holdings PLC, headquartered in Dublin, focuses on expanding a global portfolio of sports clubs through a multi-club ownership approach. The company's recent activities include strategic investments and acquisitions within the sports industry to enhance its presence worldwide. For more information, visit their website at www.breraholdings.com.
