City announce partnership with banking giant
By Ric Turner, Thu 28 May 2015 10:31
Multi-year deal with Citibank boosts revenue
City have announced a "multi-year" agreement with Citibank to become the club's official banking partner. The deal with the global banking giant is further evidence of the rampant commercial growth at the club, which saw City's income rise 59% last year. The Blues are now valued as the world's fifth most valuable club, according to business magazine Forbes.
Ferran Soriano, City's CEO, said: “We are delighted to bring Manchester City and Citi together in this dynamic collaboration. Both organisations have a lot in common and I am convinced that this relationship will create very exciting moments for Citi’s customers and Manchester City’s fans.”
“We are proud to become an official banking partner of Manchester City Football Club,” said Jim Cowles, CEO of Citi for Europe, the Middle East and Africa region. “The ability to align one of the fastest growing football brands in the world with Citi and our vast network is an incredible opportunity, and we are excited about what the future entails.”