Atletico Madrid valued at £2.2bn after Apollo Global Management acquisition Sport Business LaLiga club Atletico Madrid has been valued at around £2.2bn after Apollo Global Management purchased a majority stake in the Spanish team. Chief executive Miguel Angel Gil Marin and president Enrique Cerezo will continue in post but the acquisition represents the latest private equity push into European football. It is understood that the US fund [...]
Exclusive: Arsenal close in on Visit Rwanda partnership extension Sport Business Arsenal are in advanced talks to extend their controversial £10m-a-year commercial partnership with Visit Rwanda, the tourism arm of the East African country. The current agreement, which sees Visit Rwanda appear on the shirt sleeves of the men’s and women’s teams, was due to expire at the end of the season. It has also been [...]
Apollo Global Management to launch £3.75bn sport investment vehicle Sport Business New York-based Apollo Global Management is reportedly planning to launch a £3.75bn investment vehicle focused on sport. The firm, which has around £600bn in assets under management, is set to invest permanent capital into sport for the first time with the new fund. Having previously held talks with LaLiga club Atletico Madrid about acquiring a [...]
Mikel Arteta defends Arsenal over Thomas Partey handling July 21, 2025 Arsenal manager Mikel Arteta is “100 per cent” confident that the club followed the right process around Thomas Partey, following the player’s arrest on suspicion of rape and sexual assault. Speaking on the club’s pre-season tour to Asia, Arteta addressed the situation for the first time since Partey was charged this month, days after his [...]
Uefa want talks over double-touch penalty rules amid Atletico Madrid row March 13, 2025 Uefa says it will hold talks with football’s lawmakers over the rules on double touches on penalty kicks after Atletico Madrid’s controversial Champions League exit. Julian Alvarez was deemed by VAR to have touched the ball twice as he fired in his penalty in a shoot-out against city rivals Real Madrid, with the kick being [...]
Atletico Madrid agree £82m fee to sign Manchester City star August 6, 2024 Atletico have agreed to pay £64.5m up front plus an additional £17m in additional fees.
England midfielder heading for Madrid after Chelsea accept cut-price deal August 5, 2024 Conor Gallagher has agreed to sign for Atletico Madrid after Chelsea accepted a cut-price £34m deal for the England midfielder. Gallagher spent the weekend mulling over a move to the Spanish club after rejecting Chelsea’s offer of a contract extension. It will bring to an end the boyhood Blues fan’s 16-year association with the south-west [...]