AA-Sport > Football > Official: Apollo Sports Capital moves into Atletico Madrid and becomes the club’s largest shareholder
Official: Apollo Sports Capital moves into Atletico Madrid and becomes the club’s largest shareholder
Hupu News on November 10th: Atlético de Madrid announced that it has reached an agreement with Apollo Sports Capital ("ASC"), a global sports investment company, and ASC will become the club's new majority shareholder.
According to the agreement, current CEO Miguel Angel Hill and Chairman Enrique Cerezo will continue to manage the club and retain minority shareholder status together with Quantum Pacific Group and Ares Management.
ASC's investment will inject new capital into the club with the aim of strengthening its financial position, enhancing its sporting competitiveness and supporting long-term infrastructure projects including the development of the "Sports City" (Ciudad del Deporte) next to the Riyadh Air Metropolitan Stadium.
The transaction is subject to regulatory approval and is expected to be completed in the first quarter of 2026. After the transaction is completed, ASC will hold a majority stake in Atlético Madrid (including Atlético de San Luis and Atletico Ottawa). The statement also pointed out that the investment is not part of ASC's multi-club ownership strategy. The parties did not disclose financial terms of the deal.
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