Apollo Sports Capital, a U.S.-based investment fund, is set to become the majority owner of Atlético Madrid, as announced by the LaLiga club on Monday.
While specific financial details of the transaction have not been revealed, EFE reports that Apollo Sports Capital (ASC) will purchase between 51% and 55% of the shares, with the completion of the deal anticipated in the first quarter of 2026.
“As part of the deal [which is expected to be fulfilled within three to six months], Miguel Ángel Gil and Enrique Cerezo will continue their roles as CEO and president of Atlético de Madrid, respectively, while remaining shareholders to ensure the continuity of the project and their leadership,” stated Atlético Madrid.
“The investment from Apollo Sports Capital is contingent on standard closing conditions, including regulatory approvals, and is projected to be finalized in Q1 2026. Once complete, Atlético Madrid, along with Atlético de San Luis and Atlético Ottawa, will be primarily owned by Apollo Sports Capital alongside Mr. Gil, Mr. Cerezo, Quantum Pacific Group, and Ares Management funds as shareholders.”
Atlético’s CEO, Miguel Ángel Gil, has expressed optimism regarding ASC’s investment.
The global sports investment firm, a subsidiary of Apollo, plans to inject further capital to bolster Atlético’s long-term objectives, including enhancing the club’s teams and significant infrastructure projects.
“Apollo Sports Capital is a formidable partner who values the history, traditions, and unique identity of Atlético de Madrid and its supporters while bringing added strength and enthusiasm to help sustain our growth and competitive edge,” said Ángel Gil. “Choosing a long-term investment partner who believes in our strategy and can elevate our off-pitch activities such as the development of Ciudad del Deporte [Sports City] was crucial for me.”
The Spanish club has celebrated 11 league titles in its 122-year history.
“Atlético de Madrid stands as one of Europe’s esteemed sporting institutions, and we are honored that Apollo Sports Capital is investing in this historic club with over 120 years of tradition,” remarked Apollo partner Robert Givone.
“We are eager to support the team while honoring its spirit and traditions and to contribute in areas where we excel, such as the development of Ciudad del Deporte and enhancing the overall fan experience. Investing in the ambitious plans for the sports city can generate substantial value for both the club and the local economy.”