English Premiership rugby club Saracens’ home stadium has had a change of name to StoneX Stadium after a deal was struck with the financial company.
Beginning in January 2021, StoneX will become Saracens’ main club sponsor and its home ground in London, formerly Allianz Park, will be named.
Saracens is one of the most renowned clubs in European rugby. The men’s team has won the European Champions Cup three times in the last five years and the Premiership five times in the last 10 years.
The women’s team has won the last two Premier XV titles. The sponsorship deal with Saracens looks to solidify StoneX’s and subsidiary 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.
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. We share a commitment to excellence and innovation and we are looking forward to the start of a memorable journey with them. 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.
The partnership is a significant vote of confidence in Saracens as professional rugby continues to face major challenges during the Covid-19 pandemic.
It will help to ensure that the club retains its elite management and players, while maintaining its world-leading academy.
It will also help to support the proposed development of the stadium’s West Stand and the club’s significant commitment to bring about positive social change within the local community through the Saracens Foundation and the Saracens High School.