Israeli Business Magnate Buys a 15% Stake in Atlético Madrid

Atletico Madrid have sold a 15 per cent stake in the club to Israeli billionaire Idan Ofer

Barcelona have emerged as frontrunners in the race for Griezmann with the player's Atletico Madrid future uncertain.

The deal has been underway for the past six months, these people added yesterday, and was initially the idea of Chinese billionaire Wang Jianlin, who approached Mr. Ofer with the offer and said the club is looking for an additional shareholder.

Miguel Ángel Gil Marín, the son of the club's longtime owner Jesús Gil, is known to have a 52% stake in the club, and Mr. Cerezo is known to hold 20%. Anyone who has attended a NFL or MLS game for the first time will have noticed the party atmosphere outside the stadium with food, drink, merchandise stands, activities for children all aimed at those attending the match but also open to those fans not lucky enough to have secured a ticket for the event. In terms of title wins, the club is third, after Real Madrid and FC Barcelona.

Talking about Griezmann, he had the chance to leave after the last season, but he didn't.

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"Those who aren't [committed], just have to ask for a transfer". A friend commented recently that a handful of clubs in the Europe, notably in Germany were trying to promote this type of experience which has been fully embraced by Atleti with the opening of the new Wanda Metropolitano.

And, should he fail to do so before January, it would leave clubs such as Manchester City and Chelsea able to negotiate a free transfer.

"Griezmann is an Atletico player and I think he will remain so and everyone has his explanation", Cerezo said on Spanish radio station Cope. We only want players who are 100 percent focused here.

Israeli shipping and mining magnate Idan Ofer has bought €50m worth of shares in Atletico Madrid, according to multiple reports in Spain. We believe that this partnership has proved itself to date and is supporting our growth and progress.

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