Finance
Apollo to close acquisition of atletico madrid stake this week, says expansion
Published by Global Banking & Finance Review®
Posted on March 9, 2026
1 min readLast updated: March 9, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 9, 2026
1 min readLast updated: March 9, 2026
Apollo Sports Capital is set to complete its acquisition of a 55 % stake in Atlético Madrid on March 12, valuing the club at approximately €2.5 billion.
MADRID, March 9 (Reuters) - U.S. fund Apollo's sports investment arm Apollo Sports Capital will complete the acquisition of 55% of Spanish football club Atletico Madrid on March 12, Spanish newspaper Expansion said on Monday, citing sources.
Apollo declined to comment when contacted by Reuters, while Atletico Madrid did not immediately respond to a request for comment.
Apollo Sports Capital agreed in November to become the majority shareholder in the top-tier club. A source told Reuters the deal would value the club at approximately 2.5 billion euros ($2.88 billion).
($1 = 0.8667 euros)
(Reporting by Paolo Laudani; Editing by Jan Harvey and Charlie Devereux)
Apollo Sports Capital is acquiring a 55% stake in Atletico Madrid.
The acquisition is set to close on March 12, according to Expansion.
The deal values Atletico Madrid at approximately 2.5 billion euros.
Spanish newspaper Expansion reported the acquisition details, citing sources.
Neither Apollo nor Atletico Madrid immediately responded to requests for comment.
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