Atletico: U.S.-based firm new majority owner

""As part of the agreement [the terms of which will be fulfilled within three to six months], Miguel Ángel Gil and Enrique Cerezo will continue to lead Atlético de Madrid as CEO and president, respectively, and will remain as shareholders, guaranteeing the continuity and vision of the project and their leadership," Atlético said in a statement."

""The investment by Apollo Sports Capital is subject to customary closing conditions, including regulatory approvals and is expected to be completed in Q1 2026. Upon close, Atlético de Madrid, including Atlético de San Luis and Atlético Ottawa, will be majority owned by Apollo Sports Capital alongside Mr Gil, Mr Cerezo, Quantum Pacific Group and Ares Management funds, as shareholders.""

""Apollo Sports Capital is a powerful ally who respects the history, traditions and defining identity of Atlético de Madrid and its fans, while bringing additional strength and enthusiasm to help maintain our growth and competitiveness," he said. "It was important to me to select a long-term investment partner who believes in our strategy and can enhance our activities off the pitch with the development of Ciudad del Deporte [Sports City].""

Apollo Sports Capital will become majority shareholder of Atlético Madrid, acquiring between 51% and 55% of the shares. The transaction is expected to be completed in the first quarter of 2026 and is subject to customary closing conditions, including regulatory approvals. Miguel Ángel Gil will remain CEO and Enrique Cerezo will remain president, and both will continue as shareholders to guarantee continuity and leadership. Upon closing, Atlético de Madrid, Atlético de San Luis and Atlético Ottawa will be majority owned by Apollo Sports Capital alongside Mr Gil, Mr Cerezo, Quantum Pacific Group and Ares Management funds. The affiliate of Apollo intends to invest additional capital to support long-term plans, including team investment and major infrastructure projects such as Ciudad del Deporte.

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