MADRID (SPAIN) (ITALPRESS) – US giant Apollo Global Management is reportedly in advanced negotiations to acquire a majority stake in Atlético Madrid. The deal, if finalized, would mark the New York-based group’s debut in the world of football and add it to the growing list of private equity funds gaining traction among Europe’s leading clubs.
According to the Financial Times, Apollo is reportedly negotiating with the main shareholders of Atlético Holdco, the company that holds approximately 70% of the club’s capital. Those involved include CEO Miguel Angel Gil Marin, President Enrique Cerezo, and the American fund Ares Management.
Concurrent discussions are also underway with Quantum Pacific, the London-based holding company controlled by Israeli billionaire Idan Ofer, which owns just over 27% of the shares. All shareholders have reportedly expressed willingness to sell part of their stakes, although the price and size of the deal remain to be determined. There is no certainty of an agreement yet, and the club has chosen not to comment on the rumours.
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(ITALPRESS).
