Member Article

West Ham United's new FX partnership could see it pay less for top players

Premier League football club West Ham United have announced a new partnership with foreign exchange firm TransferMate that could see the club bagging top players at cut prices.

The new agreement, which has been revealed today, sees the global payments company become the East London club’s official provider for all foreign exchange services, including player transfers.

It means the club could now benefit from more favourable foreign exchange rates and banking fees just in time for the January transfer window, and follows a similar deal Watford FC struck with Divisa Capital back in May.

Following the announcement, West Ham United Vice-Chairman Karren Brady commented: “I am thrilled to welcome TransferMate as the latest global company to join our growing partnership network.

“TransferMate’s unique global payments solution will be a huge asset to us as we continue to identify and attract the brightest talents in world football.”

The new multi-year partnership will also see TransferMate branding displayed in and around the Hammers’ Olympic Park stadium and across its digital platforms.

TransferMate Co-Founder and Group CFO, Sinead Fitzmaurice said: “This new partnership with West Ham United is of huge significance and it is an honour to be the Club’s Global Foreign Exchange and Payments Provider.

“I am confident that our global FX solution will enable West Ham United to continue in their pursuit of attracting the world’s leading footballing talent and skills. By offering the most innovative global payment solutions in the market, TransferMate are set to deliver huge savings for the club into the future.”