Overview
- Reuters reports that owners are negotiating a majority sale to Apollo, with sources cautioning the deal is not guaranteed.
- Apollo could gain control by buying shares from CEO Miguel Ángel Gil Marín and president Enrique Cerezo, and potentially from Ares Management.
- Reporting from Expansión places a full-club valuation at about €2.5 billion, and all parties have declined public comment.
- The club has said it needs at least €60 million in fresh equity to strengthen the squad and develop the leisure-sport complex around the Metropolitano.
- Sources say current leadership is expected to remain if a transaction closes, and Apollo is raising a $5 billion sports investment vehicle to back deals of this type.