Divisa Capital Signs Sponsorship Deal with Watford FC

Tuesday, 10/05/2016 | 11:08 GMT by Victor Golovtchenko
  • Divisa Capital has taken the unorthodox decision to partner up with a football club, becoming the first prime entity to do so.
Divisa Capital Signs Sponsorship Deal with Watford FC
Divisa Capital has become the first prime entity tapping into football marketing

Divisa Capital has partnered up with Watford Football Club, becoming the first prime entity in the industry to tap into football sponsorships. The company has signed a deal to become the Official Foreign Exchange Partner of the club which is currently holding 13th spot in the Barclays Premier League table.

The deal spans across three seasons and includes a condition of critical importance for the transfers market - Watford will be able to use the foreign exchange rates provided by the prime brokerage.

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With this move Divisa Capital is gaining access to the various communication channels developed by the football club, while also tapping into the club’s hospitality and advertising resources.

The agreement was brokered by SportQuake. This season, Watford FC was one of the 4 clubs that made it into the semifinals of the FA Cup, where it lost to Crystal Palace.

Commenting on the announcement, Divisa Capital’s Director, Arik Oslerne, said: “The strategic partnership with Watford Football Club is a natural synergy in terms of ambition and growth potential for Divisa Capital. We further share the same vision and community values, resonating with our own global clientele, which we expect to build on to foster mutual benefits for the Club’s foreign exchange needs.”

Divisa Capital could be aiming to tap some institutional clients with the deal, however the value of a football sponsorship for a prime brokerage is uncharted territory. While a number of retail brokers have been actively targeting the betting crowd which is usually interlinked with football fans, a prime brokerage’s product is much more niche.

Divisa Capital has partnered up with Watford Football Club, becoming the first prime entity in the industry to tap into football sponsorships. The company has signed a deal to become the Official Foreign Exchange Partner of the club which is currently holding 13th spot in the Barclays Premier League table.

The deal spans across three seasons and includes a condition of critical importance for the transfers market - Watford will be able to use the foreign exchange rates provided by the prime brokerage.

The new world of online trading, fintech and marketing - register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.

With this move Divisa Capital is gaining access to the various communication channels developed by the football club, while also tapping into the club’s hospitality and advertising resources.

The agreement was brokered by SportQuake. This season, Watford FC was one of the 4 clubs that made it into the semifinals of the FA Cup, where it lost to Crystal Palace.

Commenting on the announcement, Divisa Capital’s Director, Arik Oslerne, said: “The strategic partnership with Watford Football Club is a natural synergy in terms of ambition and growth potential for Divisa Capital. We further share the same vision and community values, resonating with our own global clientele, which we expect to build on to foster mutual benefits for the Club’s foreign exchange needs.”

Divisa Capital could be aiming to tap some institutional clients with the deal, however the value of a football sponsorship for a prime brokerage is uncharted territory. While a number of retail brokers have been actively targeting the betting crowd which is usually interlinked with football fans, a prime brokerage’s product is much more niche.

About the Author: Victor Golovtchenko
Victor Golovtchenko
  • 3424 Articles
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About the Author: Victor Golovtchenko
Victor Golovtchenko: Key voice in crypto and FX, providing cutting-edge market analysis.
  • 3424 Articles
  • 16 Followers

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