Apollo Global Management Acquires Majority Stake in Atletico Madrid

Apollo Global Management has acquired a majority stake in "Atlético Madrid," valuing the club around €2 billion, while key executives remain in their roles.

• "Apollo Global Management" has become the majority shareholder of "Atlético Madrid," finalizing the deal that emphasizes the clubs valuation at approximately €2 billion.
• Under this new ownership structure, both "Chief executive officer" "Miguel Ángel Gil Marín" and "President (government title)" "Enrique Cerezo" will retain their positions within the clubs leadership.
• The acquisition follows reports in September that "Ares Management" was also involved, highlighting the increasing interest from entities in the "United States" in European sports investments.