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Apollo Sports Capital Agrees to Take Majority Control of Atlético Madrid

Completion is targeted for the first quarter of 2026 pending regulatory approval.

Overview

  • Atlético confirmed Apollo Sports Capital will become the majority shareholder while CEO Miguel Ángel Gil Marín and president Enrique Cerezo remain in their roles and as shareholders.
  • Financial terms were not disclosed, but multiple reports place the club’s valuation around €2.2–€2.5 billion with Apollo acquiring roughly 51–55% of shares.
  • The new partnership includes planned capital for sporting operations and major infrastructure, led by the Ciudad del Deporte adjacent to the Metropolitano stadium.
  • Upon closing, affiliated teams Atlético de San Luis and Atlético Ottawa will also be majority-owned alongside the remaining minority investors.
  • Apollo Sports Capital says Atlético will be its flagship majority equity investment, not part of a multi‑club control strategy.