Real Madrid have struck a new commercial agreement with global financial services company Corpay, which has become an official partner of the Spanish soccer giants.
The LaLiga side will, through the partnership, have access to the Corpay Cross Border solutions to “help mitigate foreign exchange exposure from day-to-day business needs.”
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Additionally, Corpay Cross-Border’s platform will enable the league to manage global payments from a single point of access.
In recent months, Corpay has heavily focused on utilizing sports sponsorships, particularly in the soccer industry, as a means of growing the company’s brand.
Major soccer teams such as English Premier League heavyweights Manchester City, Everton, second-tier side Watford, and Italian top-flight team AC Monza, are all sponsored by Corpay to promote its FX business, while the firm’s Fleetcor brand is partnered with US side Atlanta United.
Most recently, North America's Major League Soccer partnered with Corpay.
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By GlobalDataOutside of soccer, Corpay has partnerships with prominent organizations such as the Ultimate Fighting Championship (MMA), World Triathlon, LIV Golf, SailGP, World Athletics, and World Aquatics.
Despite finishing runners-up in both the 2024-25 LaLiga season, and the Copa del Rey campaign, Real Madrid remain perhaps soccer’s largest and most commercially viable single club, perhaps best exemplified by its kit manufacturing partnership with sportswear brand Adidas, the most valuable in the sport.
In 2024, the team became the first soccer club to exceed €1 billion ($1.08 billion) in revenue after posting the record figure for the 2023-24 financial year.
