Plus500 (LON:PLUS), one of the major forex and CFD brokers, announced it has renewed its partnership with Spain’s Atletico Madrid football club and would remain the official main sponsor of the club for the next season (2017/2018).
Plus500 first became the Official Main Sponsor of Atlético in January 2015 and has been renewing the partnership since then.
The partnership means the Plus500 will feature prominently on Atletico Madrid’s official jerseys and training shirts. There will also be other branding rights, including on the club’s new stadium Wanda Metropolitano, which has a seating capacity of around 70 000 people, and a host of other sponsorship benefits.
“We are honoured to extend our partnership with such an illustrious football club as Atlético Madrid for an additional season, following the previous exciting season”, said Asaf Elimelech, Chief Executive Officer of Plus500. “Atletico Madrid, consistently demonstrates its strength, professionalism and passion for success, which we feel reflects Plus500’s qualities. We are looking forward to continuing this partnership which has proved to be a harmonious combination between Atletico Madrid and Plus500, and created a strong unified brand.”
“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 continue our journey with them,” Miguel Angel Gil Marin, Chief Executive Officer of Atletico Madrid.
Atletico Madrid is one of the most popular football clubs in Spain’s football championship La Liga and is the eternal city rival of Real Madrid. The club has players like Antoine Griezmann and Fernando Torres. Under the leadership of the coach Diego Simeone since 2011, the Atletico Madrid has won the UEFA Super Cup and has been a finalist at the UEFA Champions League.
Plus500 offers trading in forex, options, contracts for difference (CFDs), commodities, indices, and exchange-traded funds (ETFs). It operates its own online trading platform for CFDs available in over 31 languages on desktop and Android, Windows and iOS mobile operating systems. According to Investment Trends report from July 2015, it is the second largest CFD provider in the UK.
Plus500 is licensed by three other regulators, besides FMA and Israel’s ISA – the Cyprus Securities and Exchange Commission (CySEC), UK’s Financial Conduct Authority (FCA), and the Australian Securities and Investments Commission (ASIC). Recently Plus500 also obtained forex licenses from the Israel Securities Authority and New Zealand’s FMA.
The broker operates in the European Economic Area (EU member states, plus Norway, Lichtenstein and Iceland), Gibraltar, Australia and certain other jurisdictions across Asia, the Middle East and elsewhere. Its subsidiaries include Plus500UK, Plus500AU, Plus500CY and Plus500IL.