Miguel Ángel Gil and Enrique Cerezo will continue to lead Atlético de Madrid as Chief Executive Officer and Chairman, respectively. As long-term investors, ASC will partner with Atlético de Madrid's management to support the Club's financial strength, sporting competitiveness and community impact. In addition, the shareholders of the Atlético de Madrid Board have approved an increase of equity and strategic capital up to an additional €100 million to support the Club's plans, including investment in Atlético de Madrid's teams and in major infrastructure projects as part of Ciudad del Deporte.
Chief Executive Officer of Atlético de Madrid Miguel Ángel Gil, said, "We are proud to officially welcome Apollo Sports Capital to Atlético de Madrid as a committed, long-term partner and one that will build on our great legacy on and off the pitch for our fans, our players, coaches and staff, and our community. I also want to thank Wanda Group, Quantum Pacific and Ares, who have supported us through pivotal moments to make this new chapter a reality."
Apollo Partner and co-Portfolio Manager of ASC Robert Givone, said, "It is an honor for Apollo Sports Capital to become stewards of this storied franchise, partnering with Miguel Ángel and the management team to back their long-term vision, investing in the club and the local community. ASC is committed to upholding the Atleti spirit and traditions in this exciting next phase."
Antoine Bonnier, CEO of Quantum Pacific (UK) LLP, said, "We are proud to be remaining as the Club's second-largest shareholder ...