Apollo to become majority shareholder in Atletico Madrid


Soccer Football - LaLiga - Atletico Madrid v Rayo Vallecano - Metropolitano, Madrid, Spain - April 24, 2025 General view outside the stadium before the match REUTERS/Isabel Infantes

MADRID (Reuters) -U.S. fund Apollo's sports investment arm Apollo Sports Capital has agreed to become the majority shareholder in top-tier Spanish football club Atletico Madrid, the club said on Monday, without disclosing any financial details.

A source close to the deal said it would value the whole of the club at approximately 2.5 billion euros ($2.9 billion), with Apollo acquiring roughly 55% from existing shareholders.

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