Atlético de Madrid Welcomes New Majority Shareholder
MADRID and NEW YORK – Atlético de Madrid has reached a significant milestone in its ambitious trajectory by entering into an agreement for Apollo Sports Capital (NYSE: APO) to become the majority shareholder of the esteemed football club. This strategic partnership promises to reshape the club's future, fostering growth and enhancing its status as a leader in European football.
Commitment to Leadership
Despite the change in ownership, the core leadership remains intact. Miguel Ángel Gil and Enrique Cerezo will continue their roles as Chief Executive Officer and President, respectively, maintaining their status as shareholders. This continuity is vital as Atlético de Madrid has risen to become a formidable institution in European football under their guidance, characterized by impressive sporting achievements and a robust global presence.
Investment for Long-term Success
The alliance with Apollo Sports Capital is set to fortify the club's competitive stance by simultaneously securing its financial stability and expanding its community impact. With both long-term investors, ASC and existing stakeholders plan to work closely with the club's management. Their joint efforts will focus on elevating the club's sporting capabilities and enhancing fan engagement.
Future Infrastructure Developments
The consortium has pledged additional funding aimed at bolstering Atlético de Madrid's future strategies, with a keen interest in major infrastructure projects. One of the most notable initiatives is the Ciudad del Deporte, a cutting-edge sports and entertainment complex that will neighbor the Riyadh Air Metropolitano stadium. This visionary project aspires to create a multifaceted destination for sports, culture, and leisure for all.
Strengthening Club Identity
Miguel Ángel Gil expressed enthusiasm about Apollo Sports Capital's commitment, emphasizing their respect for the club's rich history and culture. He states, "We are very proud to welcome a committed new partner to the club. Apollo Sports Capital is a powerful ally who understands the essence of Atlético de Madrid and is aligned with our vision for future growth and competitiveness."
Potential for Sustainable Growth
Looking ahead, Gil envisions tremendous opportunities for sustainable growth, reinforcing their legacy with the backing of ASC. He highlights the importance of a partner that not only believes in the club's strategy but also supports its ambitions off the pitch, especially with the development of the Ciudad del Deporte.
Apollo Sports Capital's Vision
Robert Givone, an Apollo partner and co-portfolio manager of ASC, regarded Atlético de Madrid as a distinguished institution in European sports. He commented on their admiration for the transformative work led by Miguel Ángel. Givone stressed the importance of supporting the club’s spirit while simultaneously investing in community initiatives, thereby enhancing value across various facets.
Conclusion: A Bright Future Ahead
The investment from Apollo Sports Capital, pending standard closing conditions and regulatory approvals, is slated for completion in early 2026. Once finalized, this partnership will include Atlético de San Luis and Atlético Ottawa, alongside the existing core team of shareholders, assuring continuity and shared vision.
As the club embarks on this exciting new chapter, its dedication to community and sporting excellence will remain at the forefront, setting the stage for a very dynamic future.
Frequently Asked Questions
1. What does Apollo Sports Capital's investment mean for Atlético de Madrid?
Apollo’s investment is expected to enhance the club’s financial stability, improve sporting competitiveness, and expand community engagement.
2. Who will maintain leadership roles in the club?
Miguel Ángel Gil and Enrique Cerezo will continue as CEO and President, respectively, ensuring continuity in management.
3. What projects will Apollo support in Atlético de Madrid?
Apollo will support various long-term plans, most notably the development of the Ciudad del Deporte project.
4. When is the investment expected to be finalized?
The investment is anticipated to close in the first quarter of 2026, pending regulatory approvals.
5. Is this investment part of a broader ownership strategy?
No, Apollo Sports Capital’s investment in Atlético de Madrid is a flagship equity investment and does not align with a multi-club ownership strategy.
