Miami, FL

Miami Dolphins Owner Stephen Ross Considers Buying Atletico Madrid

Published

5 months ago

December 11, 2023

Press Room

Miami Dolphins Owner Stephen Ross Considers Buying Atletico Madrid

Stephen M. Ross first invested in the Miami Dolphins in 2008.

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Stephen M. Ross, the owner of the Miami Dolphins, is interested in the purchase of Spanish soccer club Atlético Madrid, according to reports from Jugones, on La Sexta.

On Jugones, Josep Pedrerol reported that there had already been contact between the two parties as Atlético Madrid begin the process of selling the club. It comes 18 months after the club’s current owner, Miguel Ángel Gil Marín reflected that, “one day, someone will take over”.

Ross owns 95% of the Dolphins and their stadium, acquiring them in two separate deals in 2008 and 2009 which were worth a total of $1.1 billion. Now, he is believed to be turning his attentions to Spain and soccer.

If the deal is completed, which is uncertain as the sale still seems to be at the early stages, then Ross would become the first foreign owner of the club and only the second since the club was owned entirely by its fans.

Atlético are the third-biggest team in Spain, ranking behind the Clásico duo of Real Madrid and Barcelona. Founded in 1903, the club has won the LALIGA title 11 times, most recently in 2021. In addition, they have 10 Copa del Rey titles, and three Europa League trophies. That has built them a reputation of one of the major forces in European soccer.

Their coach, Diego Simeone, played for the club and has now been on the sidelines for over a decade. Many within Spanish soccer have applauded the club’s management for their consistency and stability in sticking with the man who is considered the greatest coach in their history.

Atlético Madrid’s current ownership situation

The club is currently valued at 328 million euros ($353 million) by Forbes, making it one of the most valuable sporting teams in Spain. At present, the majority stake in the club is currently held by Atlético HoldCo. (70.42 %), while other owners include Idan Ofer (27.8 %) and a symbolic share held by club members (under 1%).

Atlético HoldCo. is formed primarily by the club’s two biggest shareholders. One is Miguel Ángel Gil Marín with 46.7% of shares, including 43.7% in the name of Holding de Inversiones Atléticas SA, and the other is Enrique Cerezo, who owns 15.2%, with 12.6% held by Videomercury Films.

Gil Marín, son of the controversial Spanish businessman Jesús Gil y Gil, is also a Vice President of LALIGA. He has been the visible face of the club’s leadership since assuming the largest stake in the organization, alongside the club’s president, Cerezo.

He is among Spain’s richest businessmen, ranking number 92 in the 2023 Forbes Rich List with an estimated value of 350 million euros ($376 million).

There have been several indications that a sale could take place in recent months, with Cerezo telling ABC in May that “if anyone’s interested in making an offer for Atlético, we’ll listen”.

It is expected that any sale will include the club’s sporting city project, which aims to build a new training ground facility and public space alongside the Estadio Cívitas Metropolitano on the outskirts of Madrid. The project currently has an expected completion date of 2026 and has been led by Gil Marín and Cerezo within the club.

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Miami, FL

Medley shelter to host adoption event this weekend

Published

6 hours ago

May 16, 2024

Press Room

Medley shelter to host adoption event this weekend

South Florida heat also affecting pets at animal shelters

02:11

MIAMI – If you’ve been thinking about getting a new furry friend to have around the house, this might be your weekend.

Miami-Dade Animal Services will host a Love’s Full Bloom adoption event at its shelter in Medley.

Several years ago, Animal Services opened a new air-conditioned main facility in Doral. The open-air Medley shelter, which does not have air conditioning, was only supposed to be used for overflow.

Due to the county’s pet population growth, it is needed. More than 100 dogs are now housed there and with this week’s heat, they’ve had to make extra accommodations.

Ice in water is available and walking restrictions have been put in place, dogs are only walked for ten minutes in the morning and when the sun goes down at night. They are also being monitored for heavy breathing and lethargy. Pools are being used to keep the dogs cool.

For this Saturday’s adoption event at the shelter, at 7401 NW 74TH Street, adoption fees will be waived for pets four months and older.

“The event will showcase a diverse selection of dogs seeking loving fur-ever families. Attendees will have the chance to meet and interact with the dogs, fostering connections that could lead to lifelong companionship,” according to Animal Services.

The adoption event will run from 10 a.m. to 5 p.m.

Vendors will be there, including a groomer offering free grooming services to the first 10 adoptions.

John MacLauchlan

John MacLauchlan attended Florida State University and graduated with a Communications degree. He joined the CBS News Miami digital team in February 2007.

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Miami, FL

Miami Heat’s Star-Hunting Tendencies Drawing Them To Donovan Mitchell?

Published

13 hours ago

May 16, 2024

Press Room

Miami Heat’s Star-Hunting Tendencies Drawing Them To Donovan Mitchell?

The Miami Heat may do everything in their power to acquire Cleveland Cavaliers star Donovan Mitchell after missing out on Damian Lillard and Bradley Beal in recent years.

Mitchell and the Cavs were eliminated from the postseason on Wednesday, marking a second straight early playoff exit. Most believe Mitchell, 27, is the sole reason Cleveland made it past the first round. The lack of support when it matters most could lead to him refusing to extend his contract past the 2026 season.

“I think if Donovan chose not to extend, he would be able to kind of direct the trade a little bit because of the one year on his contract,” analyst Brian Windhorst said on an episode of ESPN’s Get Up. “The Miami Heat have been star hunting for a year now. They’re always star hunting. They have some players on their roster who would potentially be interesting to Cleveland, but not as deep in draft picks as others.”

Mitchell’s player option for the 2026 season is likely insignificant because he will either switch teams or extend his contract prior. The Heat should think twice before going all-in for the five-time All-Star due to the lack of success of front-loaded rosters. The Phoenix Suns Big Three had championship expectations this season but were swept in the first round, leaving their future in jeopardy.

There’s no doubt Mitchell is one of the league’s top shooting guards, averaging 26.6 points, 6.1 assists, and 5.1 rebounds on 46.2 percent shooting in 55 games last season. Tyler Herro, a young player (Jaime Jaquez Jr. or Nikola Jovic), and draft capital are a sufficient package, but holding onto depth is arguably more important for a team that has reached the NBA Finals twice since 2020.

Anthony Pasciolla works as a contributing writer to Inside the Heat. He can be reached at ampasciolla@gmail.com or follow him on Instagram @anthony.pasciolla.

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Miami, FL

The Miami Dolphins’ 2024 Regular Season Schedule

Published

20 hours ago

May 15, 2024

Press Room

The Miami Dolphins’ 2024 Regular Season Schedule

The Miami Dolphins’ 2024 NFL regular season schedule was officially released Wednesday. Fans already knew who the opponents were — now they know the dates and times of the contests.

Miami will open the season at home against the Jacksonville Jaguars. The matchup pits quarterbacks Tua Tagovailoa and Trevor Lawrence against each other for the second time since they first met in the 2019 CFB National Championship game between Alabama and Clemson. Lawrence’s Tigers won the contest.

The last time the two met was in 2021 when Lawrence helped Jacksonville pull out a 23-20 last-second victory.

Miami plays division rival Buffalo in the comfort of Hard Rock Stadium in a Week 2 Thursday Night Football matchup on Sept. 12. It will be the first of five prime-time games that include a home Monday Night Football matchup against Tennessee on Sept. 30, a trip to Los Angeles for Monday Night Football against the Rams on Nov. 11, a Thanksgiving Thursday Night Football matchup in Green Bay Nov. 28, and Sunday Night Football in Cleveland on Dec. 29.

The Dolphins will be well-traveled in 2024 — with nine road games and trips out west to Los Angeles and Seattle, the Dolphins will cover 25,869 miles. Miami will travel to Indianapolis, Houston, Cleveland, and Green Bay as well, among others.

A notable game on the schedule is the return game for former defensive tackle Christian Wilkins, who will be coming to Miami with the Las Vegas Raiders on No. 17.

Overall, the Dolphins will play seven games against six different playoff teams from the 2023 season, including four against division champions from a year ago. Five of those seven contests will be played on the road as the AFC plays nine road games in even years.

The Dolphins have a Week 6 bye week and seven road trip afterward, including right out of the bye, when they go to Indianapolis Week 7.

The Dolphins will face the New York Jets twice in the final five weeks, including the season finale at MetLife Stadium on either Jan. 4 or 5.

Sept. 8, Jacksonville at Miami, 1 p.m.

Sept. 12, Buffalo at Miami, 8:15 p.m. (Thursday night)

Sept. 22, Miami at Seattle, 4:05 p.m.

Sept. 30, Tennessee at Miami, 7:30 p.m. (Monday night)

Oct. 6, Miami at New England, 1 p.m.

Oct. 13, Bye week

Oct. 20, Miami at Indianapolis, 1 p.m.

Oct. 27, Arizona at Miami, 1 p.m.

Nov. 3, Miami at Buffalo, 1 p.m.

Nov. 11, Miami at L.A. Rams, 8:15 p.m. (Monday night)