Overview

• Atlético de Madrid and Apollo Global Management are in advanced, exclusive negotiations, with no binding agreement announced.
• Sources say the deal would be executed in phases starting around mid-October to reach roughly a 50% stake, with Miguel Ángel Gil Marín expected to remain in day-to-day control as existing shareholders stay on as minorities.
• The discussions point to a club valuation near €2.5 billion including debt.
• The package under review includes a capital increase of at least €60 million earmarked for the first team and projects linked to the Cívitas Metropolitano.
• The prospective investment is tied to financing the planned sports city around the stadium, for which the club is seeking roughly €555 million toward an estimated €800 million total cost.