The American group is the new majority shareholder, while Miguel Ángel Gil Marín and Enrique Cerezo will remain in charge of the club
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Atlético de Madrid officially announced the incorporation of the American group Apollo Sports Capital (ASC) as the club's majority shareholder. With this transaction, Apollo will acquire more than 51% of the shares, becoming the new majority owner of the rojiblanco entity.
Through a statement, the club stated that despite the change in control, Miguel Ángel Gil Marín and Enrique Cerezo will continue to serve as CEO and president, respectively. Both will also remain as shareholders, guaranteeing, according to the institution, "the continuity, the vision of the project, and its leadership".
Atlético explained that the agreement "will strengthen the club's position among the elite of football and support our ambition to deliver long-term success for our millions of fans around the world. As long-term investors, ASC and the current shareholders will collaborate with Atlético de Madrid's management to strengthen the club's financial soundness, its sporting competitiveness, and its contribution to the community".
The statement also confirmed a capital injection that will serve to strengthen both the professional squad and the club's infrastructure. Among the highlighted projects is the construction of the Ciudad del Deporte, a modern sports and entertainment center that will be built next to the Riyadh Air Metropolitano Stadium.
Uno de los proyectos de la firma es una Ciudad del Deporte junto al estadio del club
Meanwhile, Miguel Ángel Gil Marín celebrated the arrival of the new strategic partner: "We are very proud to welcome a new partner committed to the club. Apollo Sports Capital is a great ally that respects the history, traditions, and identity of Atlético de Madrid and its fans, while providing additional resources and enthusiasm to help maintain our growth and competitiveness".
Meanwhile, Robert Givone, partner at Apollo and co-manager of ASC, highlighted the historical and sporting value of the Madrid institution: "Atlético de Madrid is one of the great sports institutions in Europe, and it is an honor for Apollo Sports Capital to invest in this historic club and its legacy of more than 120 years. Miguel Ángel has done an extraordinary job transforming Atlético, and for us it was essential to invest by supporting the continuity of his leadership, as well as investing in the team and the local community".
El grupo quiere invertir tanto en lo deportivo como en la comunidad
Apollo Sports Capital, a subsidiary of the financial giant Apollo, specializes in investments within the sports sector and live events, focusing its strategy on credit opportunities and hybrid investments. The club clarified that this agreement "is not part of a multi-club ownership control strategy".
In addition to Atlético de Madrid, Apollo Sports Capital has recent holdings in the Mutua Madrid Open tennis tournament, thus strengthening its presence in European sports.
