Atletico Madrid -owners in conversations with the American company Apollo about majority sale

The owners of Atletico Madrid are in advanced negotiations to sell a majority interest of the shares of the Spanish football club to the American private equity company Apollo Global Management, according to various reports that quote sources near the deal.

Both the American company and Atletico refused to confirm the reports when requested by AFP.

«To get good results and keep the fans satisfied, you have to keep investing a lot of money in players and infrastructure,» said Atletico CEO Miguel Angel Gil Marin at a sports and business event on Tuesday, partially organized by expansion.

«That investment must come from the outside … Now we are open to a new investor who enters the ownership group.»

Apollo wants to buy part of the shares of the four current partners, according to the Spanish expansion of the newspapers.

Gil Marin, Club President Enrique Cerezo, Ares Management and Quantum Pacific are the current owners.

CEO Gil Marin is the majority shareholder of Atletico via Holdco, a company with an interest of 70.39 percent, while Quantum Pacific, a British company founded by the Israeli Magnaat Idan Ofer, owns 27.81 percent.

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Within Holdco, Gil Marin owns 50.82 percent of the shares, while Ares management owns 33.96 percent and Cerezo owns 15.22 percent.

Apollo appreciates Atletico at 2.5 billion euros ($ 2.9 billion), according to expansion.

Apollo, mentioned on the New York Stock Exchange and more than $ 800 billion in assets, is reportedly considering performing the deal through a $ 5 billion sports fund.

Atletico, which La Liga last won in 2021, struggled at the start of this season and is currently 12th in the table.

Published on September 23, 2025