A source familiar with the transaction stated that the entire club is valued at around 2.5 billion euros.

This agreement represents the latest move by private equity firms into sports, drawn by the sector’s steady and predictable income streams.

The club’s CEO Miguel Angel Gil Marin and President Enrique Cerezo will continue in their positions and retain their shareholder status, Atletico noted, with the investment anticipated to be finalized in the first quarter of 2026.

According to sources who spoke to Reuters in September, the US company aimed to gain control of the club by purchasing stakes from Gil Marin, Cerezo, and possibly from the investment fund Ares Management.

A&O Shearman served as legal advisors to Apollo Sports Capital, while ECIJA represented Gil Marin and Cerezo.

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