Apollo Joins Rivals Buying Sports Teams in Atlético Madrid Deal
8 Articles
8 Articles
The Atlético de Madrid is about to pass into American hands.
Apollo Sports Capital has become the main shareholder of Atlético de Madrid after taking over the majority of the capital in an operation announced publicly this Monday. The firm is a subsidiary of Apollo, an investment fund of alternative assets in the United States that manages a portfolio that is around billion dollars (908 billion dollars, specifically). The operation, which jumped to the stage in mid-September, represents a total shock to t…
Deal Roundup: Apollo buys into Spanish football major Atletico de Madrid, Macquarie leads consortium in Potters Industies buyout
Apollo Global has bought a majority stake in private equity-backed Spanish football club Atlético de Madrid believed to value the business at about €2.2bn. The post Deal Roundup: Apollo buys into Spanish football major Atletico de Madrid, Macquarie leads consortium in Potters Industies buyout appeared first on AltAssets Private Equity News.
With the arrival of Apollo at the Atlético de Madrid there will be no changes in the directive now but yes in the future and there is already a candidate to replace the CEO With the irruption of Apollo Global Management as the majority shareholder of Atlético de Madrid, the continuity of Miguel Ángel Gil Marín and Enrique Marín ... Read more The entry Gil Marín already has substitute in the Atlético aparece primero en elgodigital.
Strengthening the club's brand strategy The club's sale marks a new stage The Atlético de Madrid has begun a selection process to incorporate a new marketing manager, a strategic position at a time of profound institutional transformation.The red-white entity seeks to strengthen its corporate structure while confirming the sale operation to Apollo Global Management, which has made the US fund its majority shareholder. Strengthening the club's br…
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