An
Off The Pitch investigation has revealed another company, seemingly with no staff, no active products, barely any assets and whose operating company is registered to a mailbox in London, is a longstanding official partner to Manchester City.
It follows the cancellation last month by City of a partnership with a company called 3Key, after allegations were raised over the legitimacy of the cryptocurrency firm’s operations.
City’s commercial dealings have long come under scrutiny by governing bodies, with City fined €10 million by UEFA in 2020 for failing to cooperate with its Club Financial Control Body.
Wega, which is the name of the company, first signed as City’s “Club’s Official Acoustic Contactless Secured Card Payment partner” in 2015 and extended the deal four years later.
It has been involved in marketing activations with City in the past, but currently offers no products.
The company has also been active in Qatar, where it launched the “eSports World Cup” to run in parallel with this year’s football finals with a purported $15 million prize pot, although detail for the tournament has never materialised and World Cup officials claim no knowledge of it.
Wega’s president, Patrick Moynier, said in a 2019 press statement that Wega was “a Fintech company offering an innovative digital financial platform.”
“Our technology and services will enhance the entire fan experience, and continuously add value with new features and opportunities to get closer to the heart of the club.”
Prepaid credit cards
However, a search of the company’s services reveals that rather than acting as an innovative fintech company, the extent of the company’s products are two pre-paid credit cards, provided under license by Mastercard, and marketed to supporters of Manchester City, and its partner MLS club, New York City. Neither are currently available.
As part of the partnership, in 2019 Wega launched the “Wega City Supporter’s Card.”