Atletico is worth at least 750 million euros

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Inside the rumors about the idea of Miguel Angel Gil Marin CEO of Atletico Madrid and maximum shareholder to sell the club, something that the entity, the medium, has definitely rejected Famous Voices has published a piece of news stating that Atlético is valued at a minimum of 750 million euros.

The CEO announced various investment banks -among them, the American JPMorgan-, to explore the possibilities of selling their stake”confirms this publication, adding that this assessment was carried out “in the framework of discussions between financial entities and its first shareholder, Miguel Ángel Gil Marín”.

In the club’s potential value of 750 million euros, Atlético’s debt will not be includedof approximately 600 million by the end of the 2020/2021 financial year, and Famous Voices highlighted that “the estimate includes Civitas Metropolitano and hides the recent reduction in the valuation of the workforce”.

Last week, in an interview with sound, Gil Marín assured that when he leaves the club, something he will do sooner or later, although he has not set a specific date, he wants to leave a legacy in the form of a new stadium and the sports city expected to be built next to the Metrpolitano, in addition to having a team that stabilizes the best in Europe.

Gil Marin’s remarks

“If I have anything clear in my life, the package of shares that I have is not an inherited asset, I cannot pass it on to my children. First, because the normal thing is for them to take on an important part of the work that their father did because they don’t know it. And secondly, because it will create differences between them. conclusionI don’t know when, but at some point I will sell it. I came in in 92 and I will leave no matter what year it is and another one will come and hopefully he will be better than me for the good of the club. In the end, I want to be responsible for my management and when I leave here I would love to do so, leave a legacy. Now all I have to do is finish this project I started, which for me ends with Sports City. I haven’t set an expiration date, but I don’t think this project, the city of leisure, entertainment and sports, and keeping the team competitive, will be finished before four years. I don’t have a specific date. What is clear to me is that it has to happen someday”affirmed by the CEO of Atlético de Madrid.

Source: La Verdad

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