Atletico Madrid Sold to Apollo Sports Capital in Major Ownership Shake-Up

The deal is seen as a significant shift in the club's ownership structure, with Gil's position at Atletico having elevated its influence in soccer, as he is a member of the executive committees at both the influential European Football Clubs group and UEFA. The statement also said the deal for Atletico "is not part of a multi-club control ownership strategy." Gil expressed his commitment to the club's vision, stating, "We are excited about this new chapter in Atletico Madrid's history and look forward to continuing to work with our fans, players, and staff to achieve our goals." Cerezo added, "We believe that this partnership will bring new opportunities for growth and success, while maintaining the club's values and traditions." Atletico Madrid has a rich history in Spanish football, with a dedicated fan base and a reputation for developing talented players. The club has won numerous domestic and international titles, including the UEFA Champions League in 2014 and 2016. Atletico's recent performance has been impressive, with a strong start to the current season, including a 3-0 win over Union Saint-Gilloise in the Champions League opening phase match on November 4. The deal with Apollo Sports Capital has sparked interest in the football community, with many speculating about the potential impact on the club's performance and strategy. However, Gil and Cerezo have reassured fans that the deal will not affect the club's vision or leadership, with Gil stating, "We will continue to work tirelessly to achieve our goals and bring success to the club." The current status of the deal is that Apollo Sports Capital will become the majority shareholder early next year, with Gil and Cerezo remaining in their positions. The club will continue to operate as usual, with no immediate changes expected. The next development will be the formal completion of the deal, which is expected to take place in the coming months.