Change in Madrid! The American investment fund Apollo Sports Capital is now the main shareholder of the Rojiblanca team, as the club announced via an official press release. “Atlético de Madrid and its principal shareholders – Miguel Ángel Gil, Enrique Cerezo, Quantum Pacific Group and funds managed by Ares Management – have reached an agreement for Apollo Sports Capital (“ASC”), the global sports investment company of Apollo (NYSE: APO), to become the majority shareholder of our club”we can read.
“As part of the agreement, Miguel Ángel Gil and Enrique Cerezo will continue to lead Atlético de Madrid as CEO and president respectively, and will remain shareholders, guaranteeing the continuity and vision of the project and its direction. (…) CSA’s investment will strengthen our club’s position among football’s elite and support our ambition to deliver long-term success to our millions of fans around the world”adds the press release. A new era will begin in Madrid, with many ambitious projects such as the construction of a huge sports complex which will house the club’s training center and numerous activities for fans…
