MADRID — Atletico Madrid is about to come under American ownership.

Apollo Sports Capital, an asset management company, will become the Spanish club's majority shareholder early next year, Atletico announced on Monday. No financial details were disclosed.

Chief executive Miguel Ángel Gil and president Enrique Cerezo will stay in their positions to ensure "continuity of vision and leadership," the two parties said in a joint statement.

Gil's position at Atletico has elevated its influence in soccer, as he is a member of the executive committees at both the influential European Football Clubs group and UEFA.

The statement also said the deal for Atletico "is not part of a multi-club control ownership strategy."

"The investment by ASC will reinforce the club's position among football's el

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