LIBERO AG's Strategic Realignment Amid 2023 Financial Challenges

LIBERO AG recently released its 2023 annual financial statement, acknowledging the absence of an auditor's certificate. CEO Dr. Achim Illner explained that this was due to a complex transaction with FC Barcelona concerning a 9.8% stake acquisition in Bridgeburg Invest S.L., and subsequent non-payment by an external guarantor. These complications resulted in audit impediments but not doubt about financial accuracy.

Despite challenges, LIBERO AG published their statement prioritizing transparency and to secure future capital measures. The company reached a partial settlement of the transaction, with remaining disputes still unfolding. Legal actions against the defaulting guarantor are underway in Spain, potentially offering revenue benefits for LIBERO AG.

Looking forward, LIBERO AG is undergoing a strategic shift. They aim to launch the LIBERO Exchange platform to facilitate financing for European football clubs, with plans for capital measures and legal enforcement. The ongoing transformation reflects confidence in their strategic direction amid the European football market's growth.