Cuatrecasas, Gonçalves Pereira advises Dalian Wanda on a 20% investment in Atlético de Madrid


Wang Jianlin, chairman of Dalian Wanda
Wang Jianlin, chairman of Dalian Wanda

Chinese business group enters the football club through a capital increase valued at €45 million

Dalian Wanda, a Chinese business group leader in the hotel, leisure and real estate sector, has entered an agreement with the majority shareholders of Club Atlético de Madrid, S.A.D. to subscribe 20% of the company’s share capital in a future capital increase valued at €45 million. The public limited sports company’s general meeting of shareholders has yet to approve the transaction.

Cuatrecasas, Gonçalves Pereira advised Dalian Wanda on the legal issues through a multidisciplinary team comprising lawyers from the firm’s Corporate and Commercial; Finance; Public Law; Intellectual and Industrial Property, Media and Protection; Litigation; and Labor and Employment Practices.