Atletico Madrid, one of the Spanish LaLiga teams, changed hands with a surprising decision. It was announced that the majority shares of the club were purchased by Apollo Sports Capital, known for its sports investments.
65.98% of the shares of the red-white club, which has been managed as a company for a long time, were under the control of a company called Atletico HoldCo. However, with the agreement, most of these shares were transferred to Apollo Sports Capital. Thus, the new investment group became the largest shareholder in Atletico Madrid.
In the statement made on the club’s official website, it was stated that the share transfer will be completed in the first quarter of 2026. The financial details of the agreement between the parties were not shared with the public.
On the other hand, it was announced that there would be no changes in the management level. CEO Miguel Angel Gil and President Enrique Cerezo will continue in their roles.