Member Article
Watford FC looking to gain edge in the transfer market with three-year foreign exchange deal
Premier League football club Watford FC have announced a new three-year deal with financial services firm Divisa Capital.
The rumoured six-figure deal will see Divisa, who have offices in London, New Zealand and the US, become the club’s exclusive global foreign exchange partner.
As part of the agreement, Divisa will provide its foreign exchange expertise to help Watford utilise ‘market-leading FX rates’, while the financial services firm will benefit from hospitality and advertising opportunities as well as access to the club’s intellectual property and communication channels.
The deal is being hailed as a pioneering one that could save the club significant money in the global transfer markets, ahead of what is expected to be a record-breaking transfer window this summer thanks to the bumper multi-billion pound TV rights deal that comes into effect next season.
Spencer Field, Commercial Director of Watford Football Club, said: “As we continue to move forward as a club, it is important that we can work with brands to deliver business results on a global basis.
“We are delighted that Divisa Capital, as an ambitious International company, has recognised the potential of the club and we look forward to working with them over the next three years.”
Arik Oslerne, Director at Divisa Capital, added: “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.”
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