Atletico Madrid: Apollo Sports Capital Gains Majority Shareholding

Atletico Madrid: Apollo Sports Capital Gains Majority Shareholding
US fund Apollo takes over Atletico Madrid in $2.31bn deal

Apollo Sports Capital completes acquisition of majority stake in Spanish soccer club Atletico Madrid.


Atletico Madrid announces Apollo Sports Capital deal, David Villa joins board...


Apollo Sports Capital, the sports investment arm of US fund Apollo, has completed its acquisition of a majority stake in Spanish soccer club Atletico Madrid. This deal was agreed upon in November, and Atletico Madrid announced the completion of the acquisition on Thursday.


The acquisition sees Apollo Sports Capital taking a 55% stake in the club, valuing Atletico Madrid at around $2.31 billion (€2.5 billion). Existing shareholders, including CEO Miguel Ángel Gil and President Enrique Cerezo, will retain minority stakes and continue to lead the club. Quantum Pacific Group will become the second-largest shareholder with a 25% stake.


The deal also includes an approved equity and strategic capital increase of up to €100 million for team and infrastructure investment, including the development of Ciudad del Deporte. Apollo Sports Capital aims to support Atletico Madrid's financial strength, sporting competitiveness, and community impact.




The Quantum Pacific Group will retain most of its existing stake as Atlético's second-largest shareholder, according to the club's statement.


A source close to the deal says Quantum Pacific will end up with around 25% of Atlético after the transaction.


The new board will have five directors from Apollo, two from Quantum Pacific, and Antonio Vazquez-Guillen from A&O Sherman. Former Atlético player and World Cup winner David Villa is also joining the board.


Atlético's shareholders have approved a capital increase of up to €100 million to support the club's investments and growth plans.




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