The acquisition of Atlético Madrid by Apollo Sports Capital is set to be officially completed on Thursday, 12 March, marking a significant shift in the club’s ownership landscape.
- The acquisition of Atlético Madrid by Apollo Sports Capital is set to be officially completed on Thursday, 12 March, marking a significant shift in the club's ownership landscape.
This transaction follows a deal struck last November between the American investment firm and the club’s previous majority owner, Miguel Ángel Gil. The news, first reported by the newspaper Expansion, has yet to receive formal confirmation from the parties involved.
Apollo sports: A New Era for the Rojiblancos
Under the new ownership structure, Apollo Sports Capital will command a 55% stake in Atlético, while Gil’s share will dwindle to approximately 10%. Enrique Cerezo, the club’s president, will hold around 3% of the shares. Both Gil and Cerezo will retain their influential roles during a transitional period, likely lasting three years, ensuring a smooth handover.
Key Changes in Stakeholders
The dynamics of minority ownership will also shift, with British fund Quantum Pacific, led by Israeli businessman Idan Ofer, becoming the primary minority stakeholder, holding around 25%. Meanwhile, American firm Ares Management will retain a 5% stake in the club.
Valuation Insights
As part of the acquisition process, Atlético Madrid was valued at approximately €2.5 billion. Consequently, Apollo Sports Capital has reportedly invested around €1.4 billion to secure its controlling interest in the club.
Looking Ahead
This acquisition not only signals a new chapter for Atlético Madrid but also highlights the growing trend of foreign investment in European football clubs. The impact of this change will undoubtedly resonate throughout La Liga and beyond, as fans and analysts alike speculate about the potential for increased investment in player acquisitions and club facilities under new management.
