Apollo Sports Capital to Acquire Majority Stake in Atlético Madrid

Apollo Sports Capital, a United States-based investment fund, is poised to become the majority shareholder of Atlético Madrid, a prominent club in LaLiga, as announced on Monday.

While the specific financial details of the transaction remain undisclosed, reports from EFE indicate that Apollo Sports Capital (ASC) will acquire between 51% and 55% of the club’s shares, with the deal anticipated to be finalized in the first quarter of 2026.

According to a statement from Atlético Madrid, the agreement stipulates that Miguel Ángel Gil and Enrique Cerezo will continue to lead the club as CEO and president, respectively, while also maintaining their positions as shareholders. This arrangement ensures both continuity and adherence to the club’s vision and leadership.

The investment from Apollo Sports Capital is contingent upon standard closing conditions, including necessary regulatory approvals. Following the completion of the transaction, Atlético Madrid, alongside its affiliates Atlético de San Luis and Atlético Ottawa, will be predominantly owned by Apollo Sports Capital, with existing stakeholders Mr. Gil, Mr. Cerezo, Quantum Pacific Group, and Ares Management funds.

Miguel Ángel Gil has expressed optimism regarding ASC’s investment. The global sports investment entity, affiliated with Apollo, aims to inject further capital to reinforce Atlético’s long-term objectives, which include enhancing the club’s teams and advancing significant infrastructure projects.

“Apollo Sports Capital is a formidable partner who honors the history, traditions, and core identity of Atlético de Madrid and its fanbase, while also infusing additional strength and enthusiasm to sustain our growth and competitiveness,” he stated. “Choosing a long-term investment partner who shares our strategic vision and can augment our off-the-pitch activities, particularly through the development of Ciudad del Deporte (Sports City), was crucial.”

With a storied history of 122 years, Atlético Madrid has celebrated 11 league titles.

“Atlético de Madrid is one of Europe’s premier sporting institutions, and we are privileged to have Apollo Sports Capital invest in this legendary club with its rich heritage of over 120 years,” a representative from ASC remarked. “We are eager to support the team, honor its spirit and traditions, and add value in areas where we excel, such as the development of Ciudad del Deporte and enhancing the overall fan experience. Supporting the ambitious plans for the sports city has the potential to generate significant value for both the Club and the local economy.”