Club Brugge KV has announced a five-year partnership with Neo, a cross-border payments fintech. Neo will serve as the Belgian Pro League team’s official foreign currency exchange partner until 2030.
Five-Year FX Deal
Under the agreement, Neo will oversee the club’s foreign exchange and multi-currency transactions. The arrangement is expected to lower FX costs and simplify international operations, including player transfers, travel expenses, staff payments , and sponsorship settlements.
Club Brugge regularly competes in major continental competitions, including the UEFA Champions League. To manage its financial commitments abroad, the club requires reliable FX solutions. Neo’s platform offers International Bank Account Numbers for payments in over 25 currencies, along with tools to hold, convert, and send funds across borders.
Based in Barcelona, Neo has evolved from an FX trading platform into a broader treasury services provider. The company reportedly works with over 300 corporate clients in 28 countries and has processed more than €20 billion through the SWIFT network, including €7 billion in 2024.
Laurent Descout, the Co-founder and CEO of Neo, commented: “We’re proud to support one of Europe’s most ambitious clubs. Football today is a global business, and smart currency management plays a vital role in helping clubs stay financially agile.”
“At Neo, we’ve worked with leading organisations in the sports industry, so we understand the challenges that come with international operations,” he added.
More Sports Collaborations
Neo signed a partnership deal with English Premier League side Wolverhampton Wanderers FC (Wolves). The agreement made Neo the club’s official foreign currency exchange partner.
Wolves had previously worked with AstroPay as their principal partner and shirt sponsor, but that deal was not renewed for the 2023/24 season. Debet, an online gambling platform, replaced AstroPay as the club’s main sponsor.
Under the partnership, Neo helped Wolves reduce foreign exchange costs by managing FX and multi-currency transactions. The fintech also gained brand exposure through the club’s commercial infrastructure.
