Atlético de Madrid to Welcome Apollo Sports Capital as Majority Shareholder
Atlético de Madrid (Apollo: APO) announced that Apollo Sports Capital, the sports investment affiliate of Apollo (NYSE: APO), will become the Club’s majority shareholder, subject to customary closing conditions and regulatory approvals and expected to complete in Q1 2026. Miguel Ángel Gil will remain CEO and Enrique Cerezo will remain President and shareholders will include Quantum Pacific Group and Ares Management funds. Financial terms were not disclosed. ASC plans further capital investment to support the Club’s sporting competitiveness, financial strength and community projects, including development of the Ciudad del Deporte adjacent to the Riyadh Air Metropolitano stadium. Atlético San Luis and Atlético Ottawa are included in the ownership scope.
Atlético de Madrid (Apollo: APO) ha annunciato che Apollo Sports Capital, l'affiliata di Apollo per gli investimenti nello sport (NYSE: APO), diventerà azionista di maggioranza del Club, soggetta alle condizioni di chiusura abituali e alle approvazioni regolatorie, e si prevede che l'operazione si chiuda nel Q1 2026. Miguel Ángel Gil rimanrà CEO e Enrique Cerezo continuerà a ricoprire la carica di Presidente, e gli azionisti includeranno i fondi Quantum Pacific Group e Ares Management. I termini finanziari non sono stati divulgati. ASC prevede ulteriori investimenti in capitale per sostenere la competitività sportiva del Club, la solidità finanziaria e progetti comunitari, incluso lo sviluppo della Ciudad del Deporte adiacente allo stadio Riyadh Air Metropolitano. Atlético San Luis e Atlético Ottawa sono inclusi nell'ambito di proprietà.
Atlético de Madrid (Apollo: APO) anunció que Apollo Sports Capital, la filial de inversiones deportivas de Apollo (NYSE: APO), se convertirá en el accionista mayoritario del Club, sujeto a las condiciones de cierre habituales y a las aprobaciones regulatorias, y se espera que se complete en el Q1 2026. Miguel Angel Gil seguirá siendo CEO y Enrique Cerezo continuará siendo Presidente, y los accionistas incluirán a Quantum Pacific Group y fondos de Ares Management. Los términos financieros no fueron divulgados. ASC planea una mayor inversión de capital para apoyar la competitividad deportiva del Club, su fortaleza financiera y proyectos comunitarios, incluido el desarrollo de la Ciudad del Deporte adyacente al estadio Riyadh Air Metropolitano. Atlético San Luis y Atlético Ottawa están incluidos en el alcance de la propiedad.
Atlético de Madrid (Apollo: APO)가 Apollo(나스닥: APO)의 스포츠 투자 자회사인 Apollo Sports Capital이 클럽의 다수주주가 될 것이며, 일반적인 종결 조건 및 규제 승인을 조건으로 2026년 1분기에 완결될 것으로 예상됩니다. Miguel 에가가 Gil은 CEO로 남고 Enrique Cerezo는 회장으로 남으며 주주에는 Quantum Pacific Group 및 Ares Management 펀드가 포함될 것입니다. 금융 조건은 공개되지 않았습니다. ASC는 클럽의 스포츠 경쟁력, 재정 건전성 및 지역사회 사업을 지원하기 위한 추가 자본 투자를 계획하고 있으며, Riyadh Air Metropolitano 스타디움 인접한 Ciudad del Deporte 개발을 포함합니다. Atlético San Luis와 Atlético Ottawa도 소유 범위에 포함됩니다.
Atlético de Madrid (Apollo : APO) a annoncé que Apollo Sports Capital, la filiale d'investissement sportif d'Apollo (NYSE : APO), deviendra l'actionnaire majoritaire du club, sous réserve des conditions de clôture habituelles et des approbations réglementaires, et devrait être finalisé au 1er trimestre 2026. Miguel Él Gil restera PDG et Enrique Cerezo restera Président, et les actionnaires comprendront Quantum Pacific Group et les fonds d'Ares Management. Les termes financiers n'ont pas été révélés. ASC prévoit d'autres investissements en capital pour soutenir la compétitivité sportive du club, sa solidité financière et des projets communautaires, y compris le développement de la Ciudad del Deporte adjacente au stade Riyadh Air Metropolitano. Atlético San Luis et Atlético Ottawa sont inclus dans le champ de propriété.
Atlético de Madrid (Apollo: APO) hat bekannt gegeben, dass Apollo Sports Capital, die Sport-Investment-Tochter von Apollo (NYSE: APO), Mehrheitsaktionär des Vereins wird, vorbehaltlich üblicher Closing-Bedingungen und behördlicher Genehmigungen, voraussichtlich im Q1 2026 abzuschließen. Miguel Ángel Gil wird weiterhin Geschäftsführer (CEO) bleiben und Enrique Cerezo wird weiterhin Präsident bleiben; die Aktionäre werden Quantum Pacific Group und Fonds von Ares Management umfassen. Finanzielle Bedingungen wurden nicht offengelegt. ASC plant weitere Kapitalinvestitionen, um die sportliche Wettbewerbsfähigkeit des Vereins, die finanzielle Stärke und Gemeinschaftsprojekte zu unterstützen, einschließlich der Entwicklung der Ciudad del Deporte in der Nähe des Riyadh Air Metropolitano-Stadions. Atlético San Luis und Atlético Ottawa sind im Eigentümerkreis eingeschlossen.
أتلتيكو مدريد (أبولّو: APO) أعلن أن Apollo Sports Capital، الذراع الاستثماري الرياضي لشركة Apollo (بورصة نيويورك: APO)، سيصبح المالك الأكثرية للنادي، مشروطاً بشروط الإغلاق المعتادة والموافقات التنظيمية، ومن المتوقع أن يكتمل في الربع الأول من 2026. سيظل ميغيل أنخل جيل الرئيس التنفيذي وسيظل أنريكي سيريزا رئيساً وسيشمل المساهمون Quantum Pacific Group وصناديق Ares Management. لم تُكشف الشروط المالية. تخطط ASC لاستثمار إضافي في رأس المال لدعم القدرة التنافسية الرياضية للنادي وقوته المالية ومشاريعه المجتمعية، بما في ذلك تطوير Ciudad del Deporte القريب من ملعب Riyadh Air Metropolitano. كما أن أتلتيكو سان لويس وأتلتيكو أوتاوا مضمومان ضمن نطاق الملكية.
- Majority ownership by Apollo Sports Capital expected in Q1 2026
- CEO Miguel Ángel Gil and President Enrique Cerezo to remain in leadership
- Planned additional capital for teams and infrastructure investment
- Ciudad del Deporte development adjacent to Metropolitano stadium
- Financial terms of the transaction were not disclosed
- Deal completion subject to regulatory approvals and customary conditions
Insights
Apollo Sports Capital will become majority owner, supplying capital and infrastructure focus while existing leaders remain in place.
Atlético de Madrid gains a long‑term private capital partner in Apollo Sports Capital, which will take majority ownership while Miguel Ángel Gil and Enrique Cerezo remain CEO and President. The stated mechanism is equity control by ASC plus additional capital committed to teams and infrastructure, notably the planned Ciudad del Deporte and related enhancements to the Riyadh Air Metropolitano precinct.
Key dependencies and risks are stated explicitly: closing is conditional on customary regulatory approvals and other closing conditions, and financial terms were not disclosed, so funding scale and dilution are unknown. Continuity of management reduces short‑term operational disruption, but delivery of large infrastructure projects will depend on execution, permits and capital deployment.
Concrete items to watch are the completion of regulatory approvals and closing expected in
The Club and leading global sports investor form long-term partnership to support continued growth under CEO Miguel Ángel Gil and President Enrique Cerezo
From left to right: Miguel Ángel Gil, Enrique Cerezo, Robert Givone
MADRID and NEW YORK, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Atlético de Madrid and its major shareholders – Miguel Ángel Gil, Enrique Cerezo, Quantum Pacific Group and Ares Management funds – have reached an agreement for Apollo Sports Capital (‘ASC’), the global sports investment company of Apollo (NYSE: APO), to become the Club’s majority shareholder.
As part of the agreement, Mr Gil and Mr Cerezo will continue to lead Atlético de Madrid as Chief Executive Officer and President, respectively, and will remain shareholders, ensuring continuity of vision and leadership. Over the last two decades, Atlético de Madrid has become one of Europe’s most successful and recognized football institutions under Mr Gil’s and Mr Cerezo’s stewardship, achieving sustained sporting success, global brand growth and a strong community presence.
The investment by ASC will reinforce the Club’s position among football’s elite and support its ambition to deliver long-term success for millions of fans worldwide. As long-term investors, ASC and the existing shareholders will partner with Atlético de Madrid’s management to enhance the Club’s financial strength, sporting competitiveness and community impact.
The shareholder group intends to invest additional capital to support the Club’s long-term plans, including further investment in Atlético de Madrid’s teams and in major infrastructure projects. This includes the development of the Ciudad del Deporte, a new sports and entertainment district adjacent to the Riyadh Air Metropolitano stadium designed to serve as a world-class destination for sport, leisure, culture and community activity. Drawing on Apollo’s deep expertise across the sports, media and entertainment ecosystem, ASC aims to create a vibrant, transformative, multi-use urban hub serving the wider Madrid community.
Chief Executive Officer of Atlético de Madrid Miguel Ángel Gil said, “We are very proud to welcome a committed new partner to the club. Apollo Sports Capital is a powerful ally who respects the history, traditions and defining identity of Atlético de Madrid and its fans, while bringing additional strength and enthusiasm to help maintain our growth and competitiveness.”
Mr Gil added: “This exciting next phase will build on the model that has driven our progress in recent years, and Atlético would not be in the position it finds itself today without the support of Wanda Group, Quantum Pacific and Ares, whose backing has strengthened us at pivotal moments. Our achievements also reflect the dedication of our employees, the commitment from our players and coaches and, above all, the unwavering passion of our fans – the true heart and soul of the club.”
“Looking ahead, together we see significant opportunity to drive strong, sustainable growth of Atlético de Madrid as we build on our remarkable legacy. It was important to me to select a long-term investment partner who believes in our strategy and can enhance our activities off the pitch with the development of Ciudad del Deporte,” concluded Mr. Gil.
Apollo Partner and co-Portfolio Manager of ASC Robert Givone said, “Atlético de Madrid is one of Europe’s great sporting institutions and we are honored for Apollo Sports Capital to invest in this storied club and its more than 120-year heritage. Miguel Ángel has done a tremendous job transforming Atlético and it was important to us that we invest behind his continued leadership, in addition to investing in the team and the local community.”
Givone continued, “We’re excited to back the team and honor its spirit and traditions, and to add value in areas where we excel, such as growth of the Ciudad del Deporte and enhancing the fan experience. Supporting the ambitious plans for the sports city can create significant value for both the Club and the local economy.”
The investment by Apollo Sports Capital is subject to customary closing conditions, including regulatory approvals and is expected to be completed in Q1 2026. Upon close, Atlético de Madrid, including Atlético de San Luis and Atlético Ottawa, will be majority owned by Apollo Sports Capital alongside Mr Gil, Mr Cerezo, Quantum Pacific Group and Ares Management funds, as shareholders. Financial terms of the transaction were not disclosed.
Apollo Sports Capital is a global sports investment company and affiliate of Apollo. ASC invests across the sports and live events ecosystem, predominantly in credit and hybrid investment opportunities. Atlético de Madrid will be ASC’s flagship majority equity investment and is not part of a multi-club control ownership strategy. Other recent investments by Apollo Sports Capital include the Mutua Madrid Open and Miami Open tennis tournaments, in partnership with Ari Emmanuel and Mark Shapiro’s new company MARI. ASC is led by CEO Al Tylis, co-Portfolio Managers Rob Givone and Lee Solomon, and Chief Strategy Officer Sam Porter.
A&O Shearman acted as legal counsel to Apollo Sports Capital. ECIJA acted as legal counsel to Mr Gil and Mr Cerezo.
About Atlético de Madrid
Club Atlético de Madrid is one of Europe’s most prestigious football clubs and sporting institutions, with a long history of success since its foundation in 1903. The Club has a rich legacy of sporting excellence, winning multiple domestic and international trophies. Atlético’s greatest strength is its dedicated and passionate fan base in Spain and around the world, with a record-breaking number of Club members.
In the last decade, Atlético has established strong foundations for the future of the Club by investing in long-term projects, led by the opening of the Riyadh Air Metropolitano in 2017. Recognized as one of Europe’s elite stadiums, Atlético’s home is a first-class, multi-use venue which has created significant long-term value for the Club. The Riyadh Air Metropolitano will proudly host the UEFA Champions League final for the second time in 2027. The Club is now developing the ‘Ciudad del Deporte’, a unique and ambitious project to create a vibrant new district that will serve the local community and as a world-class destination for sport, leisure and tourism.
To learn more, please visit www.atleticodemadrid.com.
About Apollo
Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of September 30, 2025, Apollo had approximately
Contacts
Atlético de Madrid
media@atleticodemadrid.com
Apollo
communications@apollosportscapital.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/309cb024-22a1-4545-a03f-6a6d98dcce4c
FAQ
What did Apollo Sports Capital announce about Atlético de Madrid (APO) on November 10, 2025?
Will Miguel Ángel Gil and Enrique Cerezo remain in charge after APO’s investment?
Does the Apollo deal include Atlético San Luis and Atlético Ottawa?
What are Apollo Sports Capital’s stated plans for Atlético de Madrid after the investment?
When is the transaction expected to close and what conditions remain?
Were the financial terms of Apollo’s majority purchase of Atlético de Madrid disclosed?
