Corpay Cross-Border enters multi-year FX partnership with Newcastle United

Corpay, through its Cross-Border division, has signed a multi-year agreement to become the official foreign exchange (FX) partner of Newcastle United. The partnership is designed to assist the Premier League club in managing currency risks associated with its global commercial operations.

Under the terms of the deal, Corpay Cross-Border will provide risk management solutions to support the club's daily activities. The agreement also includes access to a platform that allows the club to manage international payments through a single point of access. This infrastructure is intended to support Newcastle United's long-term vision by increasing efficiency across its various global markets.

While the specific financial details of the agreement were not disclosed, the partnership positions Corpay to manage the complex multi-currency cash flows typical of major football clubs, including player transfers, salaries, sponsorship revenues, and marketing rights.