Atletico Madrid’s Marcos Llorente celebrates scoring his aspect’s third purpose throughout a Champions League opening section soccer match between Atletico Madrid and Union Saint-Gilloise in Madrid, Spain, Tuesday, Nov. 4, 2025.
Manu Fernande/AP
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Manu Fernande/AP
MADRID — Atletico Madrid is about to come back underneath American possession.
Apollo Sports activities Capital, an asset administration firm, will change into the Spanish membership’s majority shareholder early subsequent yr, Atletico introduced on Monday. No monetary particulars had been disclosed.
Chief government Miguel Ángel Gil and president Enrique Cerezo will keep of their positions to make sure “continuity of imaginative and prescient and management,” the 2 events stated in a joint assertion.
Gil’s place at Atletico has elevated its affect in soccer, as he’s a member of the chief committees at each the influential European Soccer Golf equipment group and UEFA.
The assertion additionally stated the deal for Atletico “will not be a part of a multi-club management possession technique.”
“The funding by ASC will reinforce the membership’s place amongst soccer’s elite and help its ambition to ship long-term success for hundreds of thousands of followers worldwide,” Atletico and Apollo stated. “As long-term traders, ASC and the present shareholders will accomplice with Atlético de Madrid’s administration to boost the membership’s monetary energy, sporting competitiveness and group impression.”
Apollo Sports activities Capital has additionally invested within the Madrid Open and Miami Open tennis tournaments.
The corporate stated it “intends to speculate further capital to help the membership’s long-term plans, together with additional funding in Atlético de Madrid’s groups and in main infrastructure initiatives” reminiscent of Ciudad del Deporte, a sports activities and leisure district adjoining to its Metropolitano Stadium residence.
Atletico, coached by Diego Simeone since 2011 and presently fourth in La Liga, is an 11-time Spanish champion, most not too long ago in 2021. The group reached the Champions League closing in 2014 and 2016, dropping to Actual Madrid each instances.
Rob Givone, portfolio supervisor at ASC, described Atletico — based in 1903 — as “one among Europe’s nice sporting establishments.”
Earlier traders in Atletico have included Chinese language conglomerate Wanda, which bought its stake to Israeli billionaire Idan Ofer’s Quantum Pacific Group.
