FairFX to be FX Provider for Leicester City F.C

[Out Foxed]

FairFX Group plc

 

("FairFX" or "the Group" or "the Company")

 

FairFX to be Exclusive FX Provider for Leicester City F.C

 

FairFX, the low cost multi currency payments service, is pleased to announce it has signed a two-year agreement with Leicester City Football Club (LCFC) to be their exclusive FX provider and an Official Partner of the Club.

 

The new relationship with the Premier League Champions will see FairFX service all of LCFC's foreign exchange requirements, including money conversion for player transfers. The magnitude of transfer values in the Premier League represents a significant volume of new potential business for the Company over the duration of the agreement. In return, LCFC will benefit from FairFX's highly competitive rates thereby saving large sums on their transfer activity.

 

Just as importantly, as an Official Partner to LCFC, FairFX will benefit from direct exposure to the club's fans as well as introductions to the corporate network of Leicester City. This partnership will therefore enable FairFX to add more users of its products, further bolstering the Company's existing strategic marketing campaign and aligning with a history of supporting sport in the UK following its sponsorship of Sky Formula 1 coverage in 2015.

 

FairFX CEO, Ian Strafford-Taylor, commented: 

 

"We are very excited to be partnering with Leicester City. There are strong synergies in attitude between us both, with the Club having taken on the establishment in the Premier League, and winning, with FairFX continuing to do the same in the Foreign Exchange industry.

 

"While the agreement opens up new revenue streams via player transfers, we are also hugely excited by the prospect of offering our highly competitive and technologically innovative services to potential new customers across the LCFC fan-base and corporate network."

 http://www.moneyam.com/action/news/showArticle?id=5387119

LCFC Commercial Director, Ian Flanagan, commented:

 

"We are delighted to welcome FairFX to our family of Club partners. FairFX was the obvious choice of FX provider to support Leicester City through the next stage of our phenomenal international growth. As a challenger in their own industry, they understand the level of support we require to add value to our processes and we look forward to a long and successful partnership together."

[st albans fox]

I hope this goes better than the betting deal with 666 ! 

[BigWesMorgan]

Anybody want to sum this up in something other than incomprehensible jibberish 

[Darkon84]

Urgh, 'strong synergies'. What a cvnt.

[Monk]

To be fair, I've used FairFX for years to transfer money back and forth between family in the states and they offer some of the best rates anywhere, and service is v good.

[Monk]

It also makes sense for the club to do this. An exchange rate difference of £0.001 on a £10,000,000 transfer is £10k, that could add up to a lot of savings.