Atlético Madrid Welcomes Apollo Sports Capital as Majority Shareholder

Atlético Madrid announced on Monday a significant shift in ownership, welcoming Apollo Sports Capital (ASC) as its new majority shareholder. According to the club’s official statement, Miguel Ángel Gil and Enrique Cerezo will remain involved, continuing to manage the day-to-day operations of the club. This partnership marks a new chapter for Atlético Madrid, promising increased investment and strategic growth.

Apollo Sports Capital is expected to inject ample capital into the club over the long term. This investment will be crucial for several key areas, including stadium improvements, player acquisitions, and the overall strengthening of the club’s financial position. The deal allows Atlético Madrid to compete more effectively in both domestic and international competitions.

While details of the financial agreement haven’t been fully disclosed,sources indicate a valuation of approximately €400 million for a stake of around 30% in the club. This valuation reflects Atlético Madrid’s strong brand recognition, consistent performance on the pitch, and dedicated fanbase.The deal is structured to provide Atlético Madrid with the resources needed to maintain its competitive edge.

Miguel Ángel Gil, the club’s CEO, emphasized the importance of this partnership.He stated that Apollo’s expertise and financial strength will be invaluable as Atlético Madrid continues to pursue its sporting and business objectives. Enrique Cerezo, the club’s president, echoed this sentiment, expressing confidence in Apollo’s commitment to the club’s long-term success.

Apollo Sports Capital has a growing portfolio of sports investments, demonstrating a clear strategy of partnering with established clubs with strong potential. This investment in Atlético Madrid aligns with Apollo’s broader goal of building a leading portfolio of sports assets. They aim to support the club’s ambitions both on and off the field.

Fans are eager to see how this new partnership will translate into tangible benefits for the club. Expectations are high for continued success and a brighter future for Atlético Madrid.