Burnley cash-in with higher profile and one-year TeleTrade forex deal

December 20 –  Premier League Burnley agreed a one-year sponsorship with online broker TeleTrade, who become the ‘Official Forex Trading Sponsor of Burnley FC’. No figure for the deal value was given.

The deal was concluded by TeleTrade’s subsidiary TeleTrade-DJ International Consulting, which operates the websites aimed at UK and EU customers. Registered in Cyprus, TeleTrade is one of eight retail FX brokers to have been granted a Forex dealer licence by the Bank of Russia.

Burnley’s Anthony Fairclough (pictured right) said: “This is a first for Burnley Football Club, having struck a deal with a Foreign Exchange Company and we are proud to have finalised yet another International Partner.

“It demonstrates the global platform we now find ourselves on and TeleTrade can take full advantage of our world presence and the billion households the Premier League transmits to. This is a deal that will take us to December 2018 and hopefully many years beyond.”

Burnley are having their best season ever in the Premier League having previously been one of the relegation battlers, they currently sit sixth in the league.

Andreas Samatas (pictured left), Director of Teletrade Europe, said: “Burnley Football Club, known for being one of the smaller football clubs ever to be playing in the most competitive league in the world, the Premier League, has demonstrated that persistence and hard work can get you to the top of your League.

“Their example is inspiring both for us and our traders, as we strive day in, day out to provide the best possible services for our traders to succeed in the fierce and exciting world of the financial markets.”

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