Corpay, Inc. has announced a new partnership with Everton FC, a founding member of the Premier League. Under this agreement, Corpay's Cross-Border business will serve as Everton's Official Foreign Exchange (FX) Supplier.

Everton FC Partners with Corpay

The partnership allows Everton FC to utilize Corpay's Cross-Border solutions. This service aims to help the football club manage foreign exchange exposure related to its daily business operations.

“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 Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term company of choice within the Premier League, and we look forward to working with Everton during the coming season and beyond,” said Brad Loder, Chief Marketing Officer, Corpay Cross-Border Solutions.

Payment companies are securing sports partnership deals and agreeing to manage FX cross-border payments for clubs, including payments to players.

Meanwhile, Corpay has previously secured partnerships with football clubs, including Manchester City, the reigning Premier League title holder, as reported by Finance Magnates.

In another collaboration, AC Milan has partnered with Corpay, a company specializing in business payments, establishing Corpay as the official commercial FX partner of the renowned football club.

We're excited to announce that we have become the Official Foreign Exchange Supplier of Everton. We look forward to a successful season and partnership together.
Welcome to the Family, Everton! 💙
Press release here: https://t.co/1BWgkPpqh7#partnership #fx #everton pic.twitter.com/M1u8I0JT0d

— Corpay Cross-Border Solutions (@CorpayFX) September 24, 2024

Centralized System for Payment Management

In addition, Corpay’s platform will provide Everton with a centralized system for managing global payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term. According to the firm, this development is expected to streamline the club’s financial processes.

Richard Kenyon, Chief Commercial and Communications Officer at Everton, added: “I’d like to thank everyone at Everton, and at Corpay Cross-Border, who have developed this long-term partnership.

“We look forward to working alongside Corpay to help them benefit from the global exposure offered during our historic year final season at Goodison Park and the move to our wonderful new waterfront stadium.”