US buyout fund Apollo interested in stake in Atletico Madrid, report claims

The American Buyout Fund Apollo Global Management is in conversation with the owner of Atletico Madrid to take a significant interest in the Spanish top side of the top, the expansion newspaper reported Wednesday.

The deal would appreciate the team at around 2.5 billion euros ($ 2.91 billion) including debts, according to the report, referring to non -created sources.

The American company would get its interest through a capital increase from Atletico Holdco, which owns the majority of the club, added it.

Atletico and Apollo did not immediately respond to requests for comments.

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