Apollo Gains 55% Stake in Atlético Madrid in $5 Billion Deal
Global investment firm Apollo has secured a 55% ownership stake in Spanish football club Atlético Madrid, in a deal valuing the LaLiga powerhouse at approximately $5 billion. The partnership, announced today, marks a notable investment in european football by Apollo Sports Capital, the firm’s dedicated sports investment platform.
The move provides Atlético Madrid with ample capital to fuel continued growth and maintain competitiveness both on and off the pitch. It arrives as Apollo actively expands its presence in the sports industry, recently revealing plans to launch a $5 billion sports-focused investment venture. for atlético, currently fourth in LaLiga with a 7-5-0 record and progressing through the UEFA Champions League group stage (2-2-0), the infusion of funds will be critical for sustaining success in a rapidly evolving financial landscape.
Miguel Ángel Gil, Atlético madrid’s CEO, emphasized the strategic alignment with Apollo, stating: “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.It was vital to me to select a long-term investment partner who believes in our strategy and can enhance our activities off the pitch.”
Robert Givone, Apollo Partner, echoed this sentiment, highlighting the club’s prestige: “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.”
The deal will see Apollo invest in the club’s infrastructure and operations, aiming to enhance Atlético Madrid’s global reach and commercial opportunities. While the specifics of Apollo’s investment plan remain to be detailed, the partnership signals a new era for the Madrid-based club and a growing trend of private equity investment in top-tier European football.
