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StoneX and City Index announce four-year sponsorship deal with Saracens Rugby
LONDON and NEW YORK, Jan. 10, 2021 /PRNewswire/ -- StoneX Group Inc. (NASDAQ: SNEX) today announced that its London-based subsidiary, StoneX Financial Ltd
About this update from Stonex Group Inc.
[{"type":"text","content":" LONDON and NEW YORK, Jan. 10, 2021 /PRNewswire/ -- StoneX Group Inc. (NASDAQ: SNEX) today announced that its London-based subsidiary, StoneX Financial Ltd (\"StoneX\" or \"the Company\"), has entered into a four-year partnership with Saracens, one of Europe's most successful rugby clubs. Beginning in January 2021, StoneX will become Saracens' main club sponsor and its home ground in London will be named StoneX Stadium. Award-winning broker and leading trading platform, City Index, the London-based subsidiary of Gain Capital which was acquired by StoneX in July 2020, will be featured as lead partner on both the men's and women's kits.\n\n \n \n \n \n \n \n\n \nSaracens is one of the most renowned clubs in European rugby. The men's team has won the European Champions Cup three times in the last five years and the Premiership five times in the last ten years. The women's team has won the last two Premier XV titles. The sponsorship deal with Saracens looks to solidify StoneX's and City Index's position at the forefront of capital markets and online trading, by teaming up with one of the most decorated sporting clubs on the continent. The partnership also sees an alignment of core values and culture of winning from both brands, which place a great emphasis on discipline and an unwavering commitment to achievement. \nPhilip Smith, CEO of StoneX Financial Ltd, commented on the news, \"I'm delighted to announce a long-standing partnership with Saracens as both the club and StoneX have a relentless drive to achieve excellence. For both organisations, the phrase 'pounding the rock' is ubiquitous and is one that both our traders and Saracens players can relate to. Hard work, patience and dedication to our clients is at the core of our value proposition as a global financial services organization. These values are shared by Saracens Rugby Club, and are exemplified by their high performance culture and commitment to player welfare as well as their fan base. I'm excited to see how the partnership develops over the coming months and years.\"\nThe partnership is a significant vote of confidence in Saracens as professional rugby continues to face major challenges during the COVID-19 pandemic. It will help to ensure that the club retains its elite management and players, while maintaining its world-leading academy. It will also help to support t...