eToro Secures 2-Year Deal with Dutch Football Club AZ Alkmaar

<p>eToro has continued
its recent streak of sport sponsorship deals by signing a two-year partnership
agreement with Dutch football club AZ Alkmaar on Wednesday. The partnership, which was ratified at the AFAS Stadium
in Alkmaar, the Netherlands, will expire by mid-2025. </p><p>eToro
Expands Football Sponsorship</p><p>Eelco David
Vos, eToro’s Regional Manager for the Netherlands and the Nordic Region
announced the agreement on Wednesday in a LinkedIn post. However, the executive
did not provide details on expectations from both parties.</p><p>“With
innovation and team spirit, AZ has conquered its place at the top of Dutch
football. This approach is in line with eToro's philosophy:
challenging the established order by being open to new ideas and daring to
experiment. By learning from each other, we make investing accessible to everyone," Vos wrote in the LinkedIn post announcing the deal.</p><p>“We admire
AZ's ability to reinvent itself every year by investing in young talent and
giving them the confidence to grow,” the Regional Manager
further said in a
statement <a href="https://www.az.nl/nl/nieuws/az-vindt-in-etoro-nieuwe-partner" target="_blank" rel="follow">published</a> on the club’s website and
translated to English from Dutch. </p><p>The new
collaboration with the Dutch club is the third sports sponsorship deal eToro
has signed this year. On Monday, the Israeli social trading and investment firm
<a href="https://www.financemagnates.com/forex/etoro-seals-first-basketball-sponsorship-with-spanish-club-baskonia/" target="_blank" rel="follow">marked its first entry</a> into the world of basketball by
becoming the new official sponsor of Baskonia, a professional Spanish
basketball club. </p><p>The firm
also recently <a href="https://www.financemagnates.com/forex/etoro-seals-first-basketball-sponsorship-with-spanish-club-baskonia/" target="_blank" rel="follow">inked a deal</a> to sponsor the next season of Premiership Rugby, an English professional rugby union league. The
agreement is part of eToro’s efforts to expand its UK sports sponsorship
footprint.</p><p>In addition, eToro with the new partnership further expanded its sports sponsorship portfolio that includes several football clubs. The investment firm’s existing deals <a href="https://www.financemagnates.com/forex/brokers/etoro-launches-12-new-football-sponsorships-in-the-uk-germany" target="_blank" rel="follow">cover
over 17 teams</a> spread across the English Premier League, German Bundesliga,
Italian Serie A, and Rugby Australia. Last year, the firm also <a href="https://www.financemagnates.com/forex/brokers/etoro-announces-extension-of-partnership-with-as-monaco/" target="_blank" rel="follow">extended its sports deal</a> with AS Monaco, a popular football club in Europe.</p><p>Speaking on
the new agreement, Michael Koster, Commercial Director of AZ Alkmaar, expressed
confidence in the partnership’s potential to contribute to the development
of both parties.</p><p>“I am
pleased that eToro will be closely involved with our club for the next two
years," Koster noted. "Like AZ,
eToro values ​​community and continuously improves people and their performance
through innovative solutions."</p><p>Revolut slashes crypto fees; BitPay adds new payment options; <a href="https://www.financemagnates.com/forex/news-nuggets-28-june-revolut-slashes-crypto-fees-bitpay-adds-new-payment-options/" target="_blank" rel="follow">read today's news nuggets</a>.</p>

This article was written by Solomon Oladipupo at www.financemagnates.com.