v3.26.1
Intangible Assets
12 Months Ended
Dec. 31, 2025
Intangible Assets [Abstract]  
INTANGIBLE ASSETS

Note 10 - INTANGIBLE ASSETS

 

Digital assets are presented separately in Note 9 – Digital Assets and are not included in the intangible assets balances below. Intangible assets for the years ended December 31, 2025 and 2024 are composed of the following:

 

   December 31, 
   2025   2024 
Customer relationships  1,500  
-
 
Broadcasting rights/sports titles/stadium lease   2,675    75 
Brand   9,640    710 
Player contracts   5,155    130 
Other   
-
    
-
 
Subtotal   18,970    915 
Less accumulated amortization   (1,301)   (134)
Net   17,669    781 
Goodwill   10,074    75 
Impairment of intangibles   (15,912)   
-
 
Total  11,831   856 

 

The total amortization expense of intangible assets for the years ended December 31, 2025, 2024 and 2023 were €1,171, €80, and €84 respectively.

 

The cost of and amortization methods and periods used by the Company for customer relationships, broadcasting rights and other intangible assets are disclosed in Note 2 under Intangible Assets.

 

The asset’s useful lives are reviewed, and adjusted if appropriate, at the end of each reporting period.