US EditionAtletico Madrid coming under US ownership after deal with Apollo Sports Capital
Apollo Sports Capital will invest in Atlético Madrid’s teams and infrastructure while current leadership remains to maintain continuity and support long-term growth.
- Apollo Sports Capital will become the majority shareholder in Atletico Madrid, acquiring approximately 55% from existing shareholders, valuing the club at about 2.5 billion euros without disclosing financial details.
- Current chief executive Miguel Angel Gil Marin and president Enrique Cerezo will retain their positions for continuity, according to a joint statement from both parties.
- Apollo aims to support Atletico's long-term success with additional investments in team development and major infrastructure projects, including the development of Ciudad del Deporte.
- Rob Givone described Atletico Madrid, founded in 1903, as one of Europe's great sporting institutions, emphasizing their commitment to long-term success.
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Atletico Madrid coming under U.S. ownership after deal with Apollo Sports Capital
Atletico Madrid is about to come under American ownership. The Spanish giant has announced that Apollo Sports Capital will become the soccer club's majority shareholder early next year.
Thirty-three years after its forced conversion into a sports limited company, Atlético de Madrid changes ownership.According to the statement published by the club itself on Monday, the main shareholders of the red-white entity "have reached an agreement for Apollo Sports Capital (ASC), a global sports investment company in Apollo, to become the majority shareholder."Apollo is a powerful US investment fund. Its total assets were estimated on Sep…
The Spanish football club Atletico Madrid announced that from next year the majority owner of the club will be the American fund Apollo Sports Capital.
Atletico Madrid to come under American ownership after deal with ASC
Atletico Madrid is about to come under American ownership. The Spanish giant announced on Monday that Apollo Sports Capital, an asset management company, will become the club’s majority shareholder early next year. No financial details were disclosed.
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