Valuation is 2.2 billion euros! TA: A US investment company is approaching acquiring a majority stake in Atletico Madrid

TA reported that Apollo Global Management is approaching a majority stake in Atletico Madrid, a deal that could lead to existing investor God of War Management from the club's ownership group.

Several sources familiar with the deal revealed that Atletico Madrid executives and the club's existing shareholder, God of War Management, are negotiating a deal with Apollo that will eventually make the Wall Street giant the club's new major shareholder. Sources said Apollo is negotiating to buy all shares of God of War Management and may eventually acquire some or all shares of club CEO Miguel Angel Hill Marin and Chairman Enrique Cerrezzo.

sources confirmed that the negotiations were going well, but no agreement had been reached. The deal could value the entire club at around €2.2 billion. Since its investment in 2021, God of War Management has invested 220 million euros in Atletico Madrid, so it will receive a considerable return on investment. If Hill Marin sells all his shares, he will receive 600 million to 700 million euros, while Cerrezo will receive about 200 million euros.

Atletico CEO Hill Marin confirmed the club's openness to new investors when he spoke at a business sports forum in Madrid on Tuesday.