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Apollo Sports Capital to Acquire Majority Stake in Atlético de Madrid

The deal awaits regulatory clearance with closing targeted for early 2026.

Overview

  • Atlético de Madrid announced an agreement for Apollo Sports Capital to become its majority owner, with media reporting a roughly 55% stake and an implied valuation above €2 billion.
  • Miguel Ángel Gil Marín will remain chief executive and Enrique Cerezo will stay on as president, both continuing as minority shareholders.
  • The transaction is subject to customary approvals, with completion expected in the first quarter of 2026.
  • Apollo plans to inject new capital into the first-team squads and the Ciudad del Deporte project beside the Metropolitano.
  • On closing, Atlético de San Luis and Atlético Ottawa will fall under Apollo’s majority ownership, ending 33 years of family majority control.