StoneX and City Index Signs Four-year Sponsorship with Saracens

StoneX Financial Ltd, the London-based subsidiary of StoneX Group Inc. (NASDAQ: SNEX), has signed a four-year partnership with Saracens, an English professional rugby union club. 

From January 2021, StoneX will be Saracens' main club sponsor and the club's home ground in London will be named StoneX Stadium. City Index, the broker and trading platform owned by Gain Capital which was acquired by StoneX in July 2020, will be lead partner on both the men's and women's kits.

As one of the most successful rugby clubs in Europe, the men's team of Saracens 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.

Philip 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......"

Lucy Wray, Saracens CEO, said, "We are really excited to enter this new, long-term partnership with StoneX, one of the world's leading financial groups...... This is a major moment for the Saracens family. The partnership heralds a fresh start for the club after a hugely challenging year and having met some of the people at StoneX and City Index, I can safely say that they share our ambition and values."