DEVELOPING: Apollo Sports Capital Seals Historic Deal, Takes Control of Atletico Madrid

Breaking News: Apollo Sports Capital Takes Control of Atletico Madrid Atletico Madrid is set to come under American ownership after Apollo Sports Capital sealed a historic deal to become the Spanish club's majority shareholder. The deal is expected to be finalized early next year, with no financial details disclosed. Atletico's CEO Miguel Angel Gil and President Enrique Cerezo will remain in their positions to ensure continuity of vision and leadership. This move is significant, given Gil's influential role in European football as a member of the executive committees at the European Football Clubs group and UEFA. The deal marks a major shift in ownership for Atletico Madrid, one of Spain's top football clubs. Apollo Sports Capital is an asset management company based in the United States. The exact terms and implications of the deal are still unclear. This development comes as no surprise, given the growing trend of foreign investment in European football. However, the specifics of this deal and its impact on the club's operations remain to be seen. This is a developing story, and we will provide updates as more information becomes available.