Apollo Sports Capital's Acquisition of Atlético de Madrid: A Strategic Move in the Sports Investment Landscape
Apollo Sports Capital (ASC) has made a significant move in the sports investment world by acquiring a majority stake in Atlético de Madrid, one of Spain's most renowned football clubs. This strategic partnership, announced on November 10, 2025, marks a pivotal moment for both the club and its global fan base.
The agreement was facilitated by A&O Shearman, a leading global law firm, and will see ASC become the majority shareholder, working alongside the existing shareholders: Miguel Ángel Gil, Enrique Cerezo, Quantum Pacific Group, and Ares Management funds. This collaboration aims to strengthen Atlético de Madrid's position in the elite of world football and fulfill its vision of long-term success.
With ASC's investment, the club will benefit from enhanced financial stability, improved sporting performance, and a broader community impact. The deal includes plans for additional capital investment in the club's teams and major infrastructure projects, such as the development of the Ciudad del Deporte, a state-of-the-art sports and entertainment complex adjacent to the Riyadh Air Metropolitano Stadium. This project will transform the area into a world-class hub for sports, leisure, culture, and community engagement.
The transaction is subject to standard closing conditions, including regulatory approvals, and is expected to be finalized in Q1 2026. Upon completion, ASC will become the majority owner, while the existing shareholders will retain minority stakes. This move positions Apollo Sports Capital as a key player in the sports investment industry, leveraging its expertise in the sports, media, and entertainment sectors to create a vibrant, multi-purpose urban center in Madrid.
The A&O Shearman team, led by experienced litigation and M&A partners, has played a crucial role in this transaction, ensuring a smooth and successful partnership. The team included senior associates and associates who provided legal support throughout the process, demonstrating the firm's commitment to excellence in sports law and investment.
