The club is valued at approximately 2.5 billion euros! Atletico Madrid official: Apollo Sports acquires 51%-55% shares

Atletico Madrid officially announced an agreement with sports investment company Apollo Sports Capital ("ASC"), which will become the majority shareholder of the Sheets. It is reported that ASC will obtain 51%-55% of the shares, while Atletico Madrid is valued at 2.5 billion euros.

After the acquisition is completed, Miguel Angel Gil and Cerezo will continue to serve as Atletico Madrid CEO and Chairman and retain some shares. The funds managed by the other two institutional shareholders Quantum Pacific Group and Ares Management will also retain some shares.

Atletico Madrid said in an official statement: "Atletico Madrid will become ASC's main investment target, holding a majority shareholding and not participating in a multi-club control strategy. ASC's investment will strengthen our club's position among football's elite and support our ambition to provide long-term success to millions of fans around the world. As long-term investors, ASC and existing Shareholders will work with Atletico management to enhance the club's financial stability, sporting competitiveness and contribution to the community. "

"Shareholders plan to invest new capital to support the club's long-term plans, including additional investment in Atletico's teams at all levels and key infrastructure projects, including the development of Sports City, a new sports center in Riyadh. A new sports and entertainment center next to the Air Metropolitano stadium, the project aims to become a landmark destination for global sports, leisure, cultural and community events. With ASC's extensive experience in sports, media and entertainment, they hope to create a dynamic, transformative and interdisciplinary urban center to serve the residents of Madrid."