Online CFDs and forex brokerage Plus500 is continuing its sponsorship agreement with Spanish soccer team Atlético de Madrid. The company has been actively supporting the club since January 2015.
The broker has extended the sponsorship for the 2018/2019, 2019/2020 and 2020/2021 seasons.
Terms of the sponsorship agreement
The sponsorship agreement includes the display of Plus500’s logo on the official jersey and training shirts of the first team. Additionally, it will have a strong brand presence at Atlético’s home, the Vicente Caldéron stadium, which will host the 2019 UEFA Champions League Final.
“We are honoured to extend our partnership with such an illustrious football club as Atlético Madrid for an additional period and look forward to more exciting and successful seasons together. Atlético Madrid, consistently demonstrates its strength, professionalism and passion for success, which we feel reflects Plus500’s qualities. We are excited to continue this partnership between Atlético Madrid and Plus500, which has strengthened our brand recognition worldwide,” said Asaf Elimelech, Chief Executive Officer of Plus500.
“We are delighted to have extended the partnership agreement with Plus500. We believe that this partnership has proved itself to date and is supporting our growth and progress. We look forward to continuing our journey with them in our new home at the Wanda Metropolitano stadium,” said Miguel Ángel Gil Marín, Chief Executive Officer of Atlético Madrid.
The financial terms of the agreement have not been disclosed, but the initial Plus500 contract has been reported to be worth more than €5 million per season.
Atlético Madrid is one of the most successful clubs in Europe, as it won the UEFA Super Cup in 2010 and 2012, and came second in the 2013/2014 and 2015/2016 UEFA Champions League.
Founded in 2008, Plus500 is a leading online CFDs trading platform for financial instruments such as Forex, ETF, stocks, commodities, and market indices.
The broker provides 2 types of accounts for their clients, a standard trading account and a demo account.
The contracts for differences and spreadbetting platform has had an amazing 2017. The company recently posted nine-month revenues that had surged by 29 percent.