Atlético de Madrid Confirms Apollo Sports Capital as New Majority Shareholder

Atlético de Madrid has confirmed that Apollo Sports Capital (ASC), the global sports investment arm of Apollo, will become the Club’s new majority shareholder, following an agreement reached with existing major shareholders including Miguel Ángel Gil, Enrique Cerezo, Quantum Pacific Group and Ares Management funds.

The aim of the agreement is the development of the Ciudad del Deporte – a major sports, entertainment and community district planned next to the Riyadh Air Metropolitano Stadium. The multi-use precinct is positioned as a key driver of future commercial value and community impact.

The deal, subject to regulatory approval, is expected to complete in early 2026.

Under the new ownership structure, CEO Miguel Ángel Gil and president Enrique Cerezo will remain in their leadership roles and continue as shareholders, ensuring continuity in strategy and identity.

Atlético CEO, Miguel Ángel Gil, said the deal aligns with the Club’s vision while respecting its heritage.

“Apollo Sports Capital is a powerful ally who respects the identity of Atlético de Madrid and its fans, while helping maintain our growth and competitiveness.”

Apollo Partner and ASC co-portfolio manager, Robert Givone, highlighted that the group intends to invest in both the Club and the broader Madrid community.

“We’re excited to back the team and honor its spirit and traditions, while enhancing areas such as the Ciudad del Deporte and fan experience.”

The transaction marks ASC’s first flagship majority equity investment and differs from multi-club ownership structures prevalent elsewhere in European football.

The Club emphasised that the partnership is geared toward long-term stability, competitive investment and enhanced community engagement.

The investment will support Atlético’s sporting ambitions, strengthen financial capabilities, and drive continued growth in global brand presence.

Other ASC investments include the Mutua Madrid Open and Miami Open tennis tournaments.

Once completed, Atlético de Madrid, Atlético de San Luis and Atlético Ottawa will fall under the new shareholder group, led by Apollo Sports Capital alongside Gil, Cerezo and existing investors—reinforcing Atlético’s ambition to remain competitive on and off the pitch, while deepening its community footprint.

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