According to Marca, Atletico Madrid will hold a general assembly on August 7 to approve a €100 million capital increase plan, with funds to be used to continue advancing the team's most important project—the construction of the Sports City.

Atletico Madrid CEO Miguel Ángel Gil has repeatedly stated that this project will change the history of Atletico Madrid. He emphasized that the project progress is in line with expectations, and Atletico Madrid believes that this Sports City will take the club to a new level.

This is also an important reason for this capital increase, and it will not affect team investment. None of the 300,000, 400,000, or even 500,000 euros of the 100 million euros will be directly used to strengthen the squad; Atletico Madrid has already spent all of the 90 million euros net investment in its budget. Next, the club will decide on expenditures based on the transfer income of players such as Almada, Ruggeri, Giménez, and Lemar.

Gil-Marín's Key Bet

Miguel Ángel Gil previously stated that he has long hoped to prove to the world that football is not just 90 minutes, and the sports industry is also turning into the entertainment industry due to new technologies and the thinking of a new generation. He said that this Sports City will be a pioneering project and a model for others to emulate.

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