Case Study

PGIM supports Atlético de Madrid with fourth investment since 2021

Club Atlético de Madrid, S.A.D. is a Spanish professional football club, based in Madrid, generating the 3rd highest revenue among Spanish soccer clubs and the 12th highest globally (as of the 2023 Deloitte Football Money League ranking).

Club Atlético de Madrid, S.A.D.

At a Glance

PGIM’s relationship with Club Atlético de Madrid, S.A.D. began in 2021 through a €300 million PGIM-led club transaction, investing €125 million Senior Secured Notes with the Club. In January 2022, we closed a second transaction with Atletico when they issued an incremental facility for an additional €50 million, in which PGIM purchased €20.8 million Senior Secured Notes. In October 2023, PGIM provided an additional €75.0 mil. funding.

PGIM continues to support Club Atlético de Madrid, S.A.D. through providing a Senior Secured Term Loan to the Club in June 2025. This issuance follows the scheduled amortization of prior issuances, demonstrating the Club’s proactive and balanced approach to managing its capital structure.

We are proud to strengthen our relationship with Club Atlético de Madrid and look forward to building on this long-standing partnership in the years to come.

Relationship since 2021
 
Transaction details:
  • Senior Secured Term Loan

"Our partnership with PGIM has been instrumental in our growth strategy. Their ability to provide flexible, long-term financing tailored to the Club’s needs, combined with their speed and reliability, has solidified them as our trusted partner."

Mario Aragón, CFO, Club Atlético de Madrid, S.A.D.

<p>"Our partnership with PGIM has been instrumental in our growth strategy. Their ability to provide flexible, long-term financing tailored to the Club’s needs, combined with their speed and reliability, has solidified them as our trusted partner."</p>

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Jose Ortiz
Jose Ortiz

Executive Director, Europe & UK Corporate FInance

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