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Apollo Sports Capital to Take Majority Control of Atlético de Madrid in Deal Valuing Club Above €2 Billion

Regulatory approval is pending with closing expected in early 2026.

Overview

  • Atlético confirmed an agreement for Apollo Sports Capital to become majority shareholder, with market reports pointing to a roughly 55–57% stake and a valuation above €2 billion, while exact financial terms were not disclosed.
  • Miguel Ángel Gil Marín will remain chief executive and Enrique Cerezo will stay on as president, both retaining minority holdings to preserve continuity.
  • Apollo signaled new capital for sporting competitiveness and infrastructure, prioritizing the Ciudad del Deporte development next to the Metropolitano.
  • The transaction is subject to regulatory approvals and customary closing conditions, with completion targeted for the first quarter of 2026.
  • Majority ownership will encompass Atlético’s international assets, including Atlético de San Luis and Atlético Ottawa, ending more than three decades of family majority control.