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 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. 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.”

This article was written by Tareq Sikder at www.financemagnates.com.