Apollo Management(US:APO) Globenewswire·2025-11-10 12:00Core Viewpoint - Atlético de Madrid has reached an agreement for Apollo Sports Capital to become the majority shareholder, ensuring continuity in leadership while aiming for long-term success and growth [1][3][8]. Company Overview - Atlético de Madrid is one of Europe's most prestigious football clubs, with a rich history of success since its foundation in 1903, and a dedicated global fan base [11][12]. - The club has achieved significant sporting success and brand growth over the last two decades under the leadership of Miguel Ángel Gil and Enrique Cerezo [2][11]. Investment Details - Apollo Sports Capital's investment will enhance Atlético de Madrid's financial strength, sporting competitiveness, and community impact, with a focus on long-term growth [3][4]. - The shareholder group plans to invest additional capital for long-term projects, including the development of Ciudad del Deporte, a new sports and entertainment district [4][12]. Leadership and Management - Miguel Ángel Gil and Enrique Cerezo will continue to lead the club as CEO and President, respectively, ensuring a consistent vision and leadership [2][5]. - Apollo Sports Capital aims to support the club's strategy and enhance activities off the pitch, particularly through the development of Ciudad del Deporte [7][8]. Future Prospects - The investment is expected to create significant value for both Atlético de Madrid and the local economy, with plans to enhance the fan experience and community engagement [8][9]. - The transaction is subject to customary closing conditions and is anticipated to be completed in Q1 2026 [8].