Get all your news in one place.
100's of premium titles.
One app.
Start reading
Birmingham Post
Birmingham Post
Business
Phil Kirkbride & Jon Robinson

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

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, the Liverpool Echo reports.

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.

"Sokin is a truly innovative, forward-thinking company that puts its customers and customer experience at the centre of its operation and is a perfect fit within our exciting partnership portfolio."

Mr Modgill added: "We are truly excited about partnering with a globally-recognised, ambitious, and storied football club like Everton - a football club renowned for caring about its supporters and its community.

"This ethos is a fantastic fit for Sokin’s services. As a leading financial service provider, we exist to make global payments simple and offer a trouble-free service that our customers - can trust.

"We look forward to seeing the Sokin name appear around Goodison Park - one of football's most iconic stadiums – and embarking on this journey together; Sokin - the People’s Card, working with the People's Club."

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.