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Apollo Sports Capital Agrees to Take Majority Control of Atlético Madrid

Club leaders will remain in place under the planned investment expected to close in early 2026.

Overview

  • Atlético de Madrid and its main shareholders announced an agreement for Apollo Sports Capital to become the club’s majority shareholder, with financial terms undisclosed.
  • Chief executive Miguel Ángel Gil Marín and president Enrique Cerezo will stay in their roles and retain minority stakes to ensure continuity.
  • The partners plan additional investment in sporting operations and major infrastructure, led by the Ciudad del Deporte next to the Riyadh Air Metropolitano stadium.
  • Completion is subject to regulatory approvals and customary conditions, with closing targeted for the first quarter of 2026.
  • On completion, Apollo Sports Capital will also hold majority ownership of Atlético de San Luis and Atlético Ottawa, alongside minority investors.