Plus500 Expands BSC Young Boys Sponsorship for Two More Seasons

An official announcement confirmed that Plus500 (LON: PLUS) has extended its sports sponsorship with Swiss football club BSC Young Boys for another two seasons to play. The Israeli mediator initially became the club’s main shirt sponsor for the 2020/21 and 2021/22 seasons.

BSC Young Boys is one of the top Swiss football clubs that has also played in other pan-European football leagues. The club finished the 2022-23 Swiss Super League as champions, which means they will play in the major European leagues again next season.

With the Plus500 logo on the BSC Young Boys jersey, the Israeli medium will get a massive brand boost because football games at European level not only have fans on the continent, but all over the world.

BSC Young Boys was founded in 1998 and has a wide domestic and international fan base as well. She also has a massive social media presence with more than 142,000 followers on Instagram, 128,000 likes, 138,000 followers on Facebook, and 48.5 followers on Twitter. The home ground has a capacity of 31,000 spectators.

Marketing through sports

Plus500 has always marketed itself on the sports arena. He became the main shirt sponsor of the Spanish giants Atletico Madrid in a deal worth 45 million euros, which began in the 2018-2019 season and continued until the end of the 2020-21 season. Last October, the broker signed a four-year deal with the US professional basketball team, the Chicago Bulls, to drive its expansion into the country.

The Israeli broker was founded in 2008 and has become a well-known retail broker. It is listed in London and is now reportedly also considering a US listing. However, there is no official confirmation on the US listing yet.

The broker reported revenue of $207.9 million in the first quarter of 2023, with an EBITDA of $100.9 million. According to the analyst consensus results, the broker is expected to generate $601.2 million in revenue in 2023, while estimated EBITDA of $266.9 million and earnings per share of $2.43.

An official announcement confirmed that Plus500 (LON: PLUS) has extended its sports sponsorship with Swiss football club BSC Young Boys for another two seasons to play. The Israeli mediator initially became the club’s main shirt sponsor for the 2020/21 and 2021/22 seasons.

BSC Young Boys is one of the top Swiss football clubs that has also played in other pan-European football leagues. The club finished the 2022-23 Swiss Super League as champions, which means they will play in the major European leagues again next season.

With the Plus500 logo on the BSC Young Boys jersey, the Israeli medium will get a massive brand boost because football games at European level not only have fans on the continent, but all over the world.

BSC Young Boys was founded in 1998 and has a wide domestic and international fan base as well. She also has a massive social media presence with more than 142,000 followers on Instagram, 128,000 likes, 138,000 followers on Facebook, and 48.5 followers on Twitter. The home ground has a capacity of 31,000 spectators.

Marketing through sports

Plus500 has always marketed itself on the sports arena. He became the main sponsor of the shirt of the Spanish giants Atletico Madrid in a deal of 45 million euros, which began in the 2018-2019 season and continued until the end of the 2020-21 season. Last October, the broker signed a four-year deal with the US professional basketball team, the Chicago Bulls, to drive its expansion into the country.

The Israeli broker was founded in 2008 and has become a well-known retail broker. It is listed in London and is now reportedly also considering a US listing. However, there is no official confirmation on the US listing yet.

The broker reported revenue of $207.9 million in the first quarter of 2023, with an EBITDA of $100.9 million. According to the analyst consensus results, the broker is expected to generate $601.2 million in revenue in 2023, while EBITDA is estimated at $266.9 million and earnings per share are $2.43.

BoysBSCExpandsPlus500SeasonsSponsorshipyoung
Comments (0)
Add Comment