Apollo Acquires Atletico Madrid, Injects $100M
Private equity firm Apollo has acquired a majority stake in Atletico Madrid, appointing five board members and injecting €100 million into the club. The deal values the Spanish football club at €2.5 billion.
Apollo's investment comes as Atletico Madrid looks to strengthen its financial position and expand its global reach. The firm's significant stake and board representation indicate a strategic partnership aimed at driving growth and development. Current leadership, including CEO Miguel Ángel Gil Marín and President Enrique Cerezo, will continue in their roles, ensuring continuity in the club's management. This investment marks a notable shift in the club's ownership structure, potentially influencing its future sporting and commercial decisions.
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Highlights
Apollo acquires majority stake
Apollo has acquired a 57% stake in Atletico Madrid.
Board appointments made
Apollo has appointed five of the club's eleven board members.
Capital injection approved
Shareholders approved a €100 million capital injection from Apollo.
Club valued at €2.5 billion
The capital injection values the club at €2.5 billion.
Current leadership retained
Current CEO Miguel Ángel Gil Marín and President Enrique Cerezo will retain their roles and shares.