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Apollo Sports Capital to Become Atlético Madrid's Majority Owner

Club leadership remains in place under a plan to back long-term growth.

Overview

  • Miguel Ángel Gil and Enrique Cerezo will continue as CEO and president and will retain shareholdings.
  • New capital is earmarked for the teams and for the Ciudad del Deporte project next to the Riyadh Air Metropolitano stadium.
  • Completion is subject to customary regulatory approvals with closing targeted for Q1 2026.
  • Financial terms were not disclosed, and the transaction would also cover Atlético de San Luis and Atlético Ottawa.
  • Atlético will be ASC's flagship majority equity investment, not a multi-club control strategy, with A&O Shearman and ECIJA advising the parties.