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PRIVACY
Enterprise

Everton strike new deal with 'Spotify of overseas payments' backed by Rio Ferdinand

The deal replaces a previous contract with moneycorp

Everton's Goodison Park stadium

Everton have agreed a new commercial deal with a business backed by former Manchester United star Rio Ferdinand.

The Blues confirmed that London-based Sokin, a global currency account provider, will become the club's official global payments partner.

The Premier League side did previously have a deal with moneycorp which saw them act as the club's international payments partner, from January 2019, but the new agreement with Sokin replaces that,

Founder Vroon Modgill has described Sokin as the "Spotify of overseas payments" and attracted Ferdinand as an investor earlier this year.

In a statement, Everton described the link-up as an "integral part of our commercial growth strategy".

Alan McTavish, commercial director at Everton, said: "We are delighted to welcome Sokin on board as our newest club partner and look forward to helping them promote their leading global payments offering to millions of our fans and followers around the world.

"Working with such a global brand is an integral part of our commercial growth strategy.