KuaSports > Football > Reporter: Apollo’s acquisition of Atletico Madrid’s equity has not yet been finalized, and an agreement may be signed in the next two weeks.

Reporter: Apollo’s acquisition of Atletico Madrid’s equity has not yet been finalized, and an agreement may be signed in the next two weeks.

Reporter Eduardo Burgos posted on social media, talking about the progress of the American Apollo Global Management Company's acquisition of a majority stake in Atletico Madrid.

Eduardo Burgos wrote: "The sale of Atletico Madrid has not yet been finalized. Although negotiations are progressing smoothly, an agreement has not yet been reached. Apollo Group has promised to pay 2 billion euros to acquire a majority stake in the club, and the transaction agreement may be signed within the next two weeks."

"This is a long-term plan. The new investors will not only inject more funds into the team, but also promote the renovation of the stadium. There will be many exciting changes in the future."