World Sports: American venture capital companies accelerate acquisition of Atletico Madrid, and the two sides are close to reaching an agreement, with a valuation of 2.5 billion euros

According to the report of "ShiTian" reprinted by the Expansion News, American venture capital management company Apollo Global is in exclusive negotiations with Atletico Madrid to plan to acquire more than 50% of the club's shares.
It is reported that the two sides are close to reaching an agreement, with the club valuation being 2.5 billion euros. Currently, Atletico Madrid's main shareholder is Hill Marin, who owns 70.39% of Atlético Holdco, which controls the club. In addition, Cerrezzo also holds shares in it. British company Quantum Pacific holds a 27.81% stake, founded by Israeli rich man Yidan Over.
As the transaction is described as "exclusive", this means other potential buyers have been excluded. According to reports, Apollo Global plans to purchase some shares from its existing four shareholders and gain control of the club through capital increase. At present, no final agreement has been reached among the parties.
Apollo Global intends to retain Hill Marin and Cerrezzo's management positions in the club, and the current discussion focuses on the part of the transaction amount used for share trading and the capital increase. Initially, negotiations began in March this year and were limited to funding the Future Sports City project, located in Madrid's San Blas district.
If Apollo completes its investment globally, Atletico Madrid will become the most valuable privately held sports club in Spain. Real Madrid, Barcelona and Athletic Bilbao are not operated as joint-stock companies, and their capital belongs to members.