Spanish Media: Saudi Consortium Interested in Taking a Stake in Atlético Madrid; Currently the Biggest Sponsor of Atlético Madrid

Spanish Media: Saudi Consortium Interested in Taking a Stake in Atlético Madrid; Currently the Biggest Sponsor of Atlético MadridAccording to Spanish media El Independiente, a Saudi consortium is interested in becoming a new shareholder of Atlético Madrid by acquiring some of the club’s shares sold by its CEO.

The relationship between Saudi Arabia and Atlético Madrid is rapidly heating up. Starting with Riyadh Air becoming the main sponsor on the team’s jerseys, followed by ongoing hot negotiations regarding the naming rights of Atlético Madrid’s home stadium. This is not all; the Saudis are also planning something big for the coming years.

The Spanish media El Independiente revealed that the Saudis are interested in becoming new shareholders of Atlético Madrid. To this end, the Saudi government has already inquired with Atlético Madrid about the conditions required for a “hypothetical acquisition,” should Atlético CEO Gil Marín intend to sell the club’s shares he holds. Currently, Marín has no intention of selling his shares, which means that the Saudis cannot yet achieve their goal of controlling Atlético Madrid. However, a potential investment from the Saudis would greatly alleviate the financial pressure faced by the club, although the club’s current financial situation is not bad.

Spanish Media: Saudi Consortium Interested in Taking a Stake in Atlético Madrid; Currently the Biggest Sponsor of Atlético Madrid. Author:Sports UEFA.Please indicate the source when reproduced:https://www.sportsuefa.com/football-world/40637.html

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