OFFICIAL: Atletico Madrid announces appointment, ushering in a new era

The deal where Apollo Sports Capital acquired most of Atletico Madrid’s shares represents a historic turning point, initiating a new phase of growth in finance, sports, and infrastructure for the Madrid team.

Atletico Madrid has officially announced that Apollo Sports Capital (ASC) has purchased the majority of the club’s shares, signifying a major shift in ownership structure. This transaction followed the four main shareholders — Miguel Angel Gil, Enrique Cerezo, Quantum Pacific Group, and the investment fund Ares Management — collectively reducing their holdings to pave the way for the new investor’s control.

Despite the change in ownership, CEO Miguel Angel Gil and Chairman Enrique Cerezo will continue in their current roles, ensuring stability in leadership and the club’s long-term strategic direction.

In the official statement, Atletico Madrid emphasized that the investment from ASC will strengthen financial capacity, enhance sporting competitiveness, and promote community engagement. The partnership also includes plans to develop Ciudad del Deporte, a sports and entertainment complex adjacent to the Riyadh Air Metropolitano Stadium, expected to become a world-class sports and cultural hub.

Mr. Gil Marin expressed optimism about this collaboration in an interview with Marca: “Apollo Sports Capital respects the history, traditions, and identity of Atletico Madrid in La Liga, while bringing strong resources to sustain our growth and competitive edge. This new phase will build upon and expand the model that has driven the club’s success over recent years.”

Apollo representative Robert Givone also affirmed the long-term vision behind the deal: “We are excited to partner with Atletico Madrid, honoring the club’s spirit and tradition, while contributing to ambitious projects like Ciudad del Deporte, which promises significant value for both the club and the local community.”

The deal is expected to be completed in the first quarter of 2026, pending regulatory approvals. Upon completion, ASC will hold a controlling stake in Atletico Madrid, including Atletico San Luis and Atletico Ottawa, while current shareholders will retain minority stakes. Financial terms of the transaction have not been disclosed.

This strategic investment is seen as a crucial step for Atletico Madrid to pursue sustainable growth both on and off the field, combining long-term sporting ambitions with large-scale infrastructure and community projects.

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