Atlético de Madrid buys 50% of Atlético FC Guayaquil
The Madrid club becomes a shareholder of the Ecuadorian side, promoted to Serie A in October, alongside the Guayaquil Charity Board. Its board will have six members.
Atlético de Madrid has completed the purchase of 50% of Atlético Fútbol Club de Guayaquil, the Ecuadorian team promoted to the Serie A in October. According to Mundo Deportivo, the deal adds a new franchise to the ones the Madrid club already runs in Mexico, with Atlético de San Luis, and in Canada, with Atlético Ottawa.
The board will have six members, three from the Guayaquil Charity Board and three from Atlético. It will meet next week to elect a president, proposed by the Spanish club, and appoint a general director. The team finished the season with 56 points, 14 wins, 14 draws and four defeats in 32 matches, under coach Carlos Santamarina, a member of the academy staff.
The deal crowns a social and training project started in 2023 with the Charity Board, which now has 30 venues in ten Ecuadorian cities and more than 15,000 young players.
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