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City Index-owner backs Saracens in ‘record’ sponsorship

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Saracens, the Championship rugby club plunged into crisis last year after breaching salary cap rules, has secured new backers even as the coronavirus crisis hammers elite sport’s commercial income.Sky News has learnt that Saracens will this weekend unveil a multimillion pound long-term naming rights and kit sponsorship with StoneX, a global financial services group and owner of the British spread-betting firm City Index.
The agreement, which will be formally announced on Sunday, will come as the former European and Premiership champions return to action after a three-month break.
Saracens’ home ground is to be renamed the StoneX Stadium nearly …

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