08:33 AM EST, 11/10/2025 (MT Newswires) -- Apollo Global Management ( APO ) said Monday that its sports investment vehicle, Apollo Sports Capital, has become Atletico de Madrid's majority shareholder following an agreement with the Spanish club's major shareholders, Miguel Angel Gil, Enrique Cerezo, Quantum Pacific Group and Ares Management funds.
Financial terms of the agreement were not disclosed.
The agreement states that Miguel Angel Gil and Enrique Cerezo will continue to lead the club as chief executive officer and president, respectively, while remaining shareholders, the US private equity giant said.
The investment is expected to close in Q1, Apollo said.
Shares of the company were up 1% in recent Monday premarket activity.