From Pitch to Payments: How Neo Powers Wolves’ FX Success
Wolverhampton Wanderers FC (Wolves) announced in August that it was renewing its partnership with Neo as Official Foreign Currency Exchange Partner for the 2025/2026 season.
Neo is proud to continue working the Club to ensure seamless financial operations, managing international transactions, reducing FX costs, and streamlining cross-border payments.
Adam Beevers, Wolves’ Head of Finance shares what the collaboration has meant and why Neo has become a key partner in supporting smooth operations.
“Foreign exchange management is a vital element of the commercial side of our football club. Our partnership with Neo has provided invaluable support in reducing transaction costs, increasing the ease of currency transactions and improving our efficiency in global markets. As we look ahead to another season in the Premier League, we’re delighted to continue our collaboration with Neo.”
How important is effective foreign exchange management to the club’s operations?
It’s absolutely crucial. Whether we’re signing a player, securing an overseas sponsor or heading on pre-season tour, we’re playing on a global pitch. Efficient currency management is key to keeping our finances in shape.
What part of Neo offering has been a game changer ?
First, it’s their FX expertise. With the Neo platform, we now have access to real-time quoting across all the currency pairs we deal with. Transparent pricing gives us a clear view of transaction costs, something that’s hard to get with traditional banks and brokers.
Second, the Neo platform itself is a real asset. We now have one single place where all our transactions are stored, all the related documentation is available with no limit in history. Plus, the level of financial data available in one click is amazing. That’s hugely valuable in an industry where compliance and reporting play a critical role.
Has it been long to set you up with Neo ?
Quite the opposite. That’s one of the standout features. Traditional treasury management systems often require consultants and weeks of setup. Neo is live in 24 hours. There’s nothing to install. The onboarding process was smooth and straightforward. Neo truly understands global business and complete ownership of the process.
From a fintech perspective, what sets Neo apart as a partner for a club like Wolves?
The professionalism of the team, without a doubt. Cross-border payments for a top-tier clubs are never straightforward. Instructions come in from around the world and can often be incomplete or unclear. Neo’s team brings real expertise here. Their proactive approach to validating payment data gives us real peace of mind.
