Everton Football Club, which yesterday announced a takeover by US firm The Friedkin Group, has signed a multi-year partnership with corporate payments company Corpay, Inc that sees the brand’s Cross-Border business become the club’s new Official Foreign Exchange Partner.
Corpay connects businesses and industries around the world through its award-winning cross-border payment solutions.
Through the partnership, Everton will be able to utilise a world-class trading platform to process cross-border payments, mitigate foreign exchange exposure from their day-to-day business needs and manage global payments from a single point of access.
Corpay’s cross-border business will also support the club with currency risk management through automated payment systems and foreign exchange services.
The partnership aligns Everton with Corpay’s cross-border business’s strong portfolio of sports partners across international football, tennis, swimming and rugby.
Richard Kenyon, chief commercial and communications officer at Everton, said: “We are excited to welcome Corpay’s Cross-Border business into our expanding partnership portfolio and look forward to working them over the coming years and playing a part in their business growth.
“This announcement follows a successful summer of new deals which is great credit to my colleagues across the Club, particularly those leading the development of our commercial partnership portfolio.”
Brad Loder, chief marketing officer, Corpay Cross-Border Solutions, added: “The Corpay Cross-Border team is honoured to be named the Official FX Partner of Everton, one of the oldest and most successful clubs in English football.
“With our strong focus on growing the Corpay brand and business globally, this partnership further solidifies Corpay’s position as the corporate payments and currency risk management company of choice within the Premier League, and we look forward to working with Everton during the coming season and beyond.”