Elmira, NY, October 9, 2026 — Shai Gilgeous-Alexander, a prominent player in the National Basketball Association (NBA), has expanded his portfolio by acquiring a stake in the Spanish professional football club, Club Atlético de Madrid, commonly known as Atletico Madrid.

The acquisition marks a significant move for the Oklahoma City Thunder point guard into the international sports ownership landscape. Atletico Madrid is one of Spain’s most successful football clubs, competing in La Liga and boasting a substantial global following.

Details regarding the specific size of Gilgeous-Alexander’s stake or the financial terms of the transaction were not immediately available. The announcement does not specify the date of the acquisition or any future involvement Gilgeous-Alexander might have in the club’s operations or management.

This investment aligns with a growing trend of athletes diversifying their interests beyond their primary sport by investing in professional sports franchises across different leagues and countries. Such ventures often provide athletes with new revenue streams and opportunities for engagement within the broader sports industry.

Atletico Madrid, founded in 1903, has a rich history in Spanish and European football. The club has won multiple La Liga titles and has been a consistent contender in European competitions like the UEFA Champions League. The team plays its home matches at the Metropolitano Stadium in Madrid.

The specific nature of Gilgeous-Alexander’s investment, whether it is a passive financial stake or involves any operational input, has not been disclosed. Further information on the terms and implications of this new ownership stake is expected to emerge as Gilgeous-Alexander or the club release more details.


Story summarized from the original created by Associated Press on www.mytwintiers.com, see more information here.

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