Founded on 26 April 1903 as Athletic Club Sucursal de Madrid (a branch of Bilbao-based Athletic Club), the entity merged with Club Aviación Nacional in 1939, becoming Atlético de Madrid in 1946. After 1987, Jesús Gil oversaw the transformation from sports club to sociedad anónima deportiva (S.A.D.), underpinning his family's control over the shareholding structure through misappropriation.
The club's traditional kits consist of red and white vertical striped shirts and blue shorts. Followers are nicknamed as colchoneros ('mattress makers'), indios ('Indians') and rojiblancos ('redwhites'). Prince Felipe, later King Felipe VI, has been the honorary president of the club since 2003.
Atlético are one of the most successful Spanish clubs, having won 11 La Liga titles, including a league and cup double in 1996. Further domestic trophies include 10 Copa del Rey titles, two Supercopas de España, one Copa Presidente FEF and one Copa Eva Duarte.
They have also won numerous titles in Europe, including the European Cup Winners' Cup in 1962, the UEFA Europa League in 2010, 2012 and 2018, and the UEFA Super Cup in 2010, 2012 and 2018, in addition to the 1974 Intercontinental Cup. In the UEFA Champions League, Atlético reached the final in 1974, 2014 and 2016. They sustain a standing rivalry with Madrid neighbours Real Madrid, with whom they contest the Madrid derby.
History
Foundation and first years (1903–1939)
The club was founded on 26 April 1903 as Athletic Club Sucursal de Madrid by three Basque students living in Madrid. These founders saw the new club as a youth branch of their childhood team, Athletic Bilbao who they had just seen win the 1903 Copa del Rey Final in the city. In 1904, they were joined by dissident members of Real Madrid.
They began playing in blue and white halved shirts, the then colours of Athletic Bilbao. Bilbao had switched to their current red and white stripes by 1910, whereas the Madrid team only adopted their now traditional red and white striped shirts in 1911. Some believe the change came about because red and white striped tops were the cheapest to make, as the same combination was used to make ticking for mattresses, and the unused cloth was easily converted into football shirts. This contributed to the club's nickname, Los Colchoneros.
However, another explanation is that both Athletic Bilbao and Athletic Madrid used to buy Blackburn Rovers' blue and white kits in England. In late 1909, Juan Elorduy, a former player and member of the board of Athletic Madrid, went to England to buy kits for both teams but failed to find Blackburn kits to purchase; he instead bought the red and white shirts of Southampton (the club from the port city which was his embarkation point back to Spain).
An investigation in 2023 proposed an alternative kit origin location as Sunderland, whose team also wore those colours. Athletic Madrid adopted the red and white shirt, leading to them being known as Los Rojiblancos, but opted to keep their existing blue shorts whereas the Bilbao team switched to new black shorts.
Athletic Bilbao won the 1911 Copa del Rey Final using several 'borrowed' players from Athletic Madrid, including Manolón who scored one of their goals.
Athletic's first ground, the Ronda de Vallecas, was in the eponymous working-class area on the south side of the city. In 1919, the Compañía Urbanizadora Metropolitana—the company that ran the underground communication system in Madrid—acquired some land, near the Ciudad Universitaria. In 1921, Athletic Madrid became independent of parent-club Athletic Bilbao and moved into a 35,800-seater stadium built by the company, the Estadio Metropolitano de Madrid.
During the 1920s, Athletic won the Campeonato del Centro three times and were Copa del Rey runners-up in 1921, where they faced parent club Athletic Bilbao, as they would again in 1926. Based on these successes, in 1928 they were invited to join the Primera División of the inaugural La Liga played the following year.
During their debut La Liga campaign, the club was managed by Fred Pentland, but after two seasons they were relegated to Segunda División. They briefly returned to La Liga in 1934 but were relegated again in 1936 after Josep Samitier took over in mid-season from Pentland. The Spanish Civil War gave Los Colchoneros a reprieve, as Real Oviedo was unable to play due to the destruction of their stadium during the bombings.
Thus, both La Liga and Athletic's relegation were postponed, the latter by winning a playoff against Osasuna, champion of the Segunda División tournament.
Athletic Aviación de Madrid (1939–1947)
By 1939, when La Liga had resumed, Athletic had merged with Aviación Nacional of Zaragoza to become Athletic Aviación de Madrid. Aviación Nacional had been founded in 1937 by three aviation officers of the Spanish Air Force. They had been promised a place in the Primera División for the 1939–40 season, only to be denied by the RFEF, and since they did not want to go through the whole divisional climb up, this club merged with Athletic, whose squad had lost eight players during the Civil War, including the team's star, Monchín Triana, who was shot dead.
At that time, Real Oviedo also had its field destroyed by the war, so it was decided to give up its place to another team, and that finals spot was contested by Aviación and Osasuna, in a match in Valencia on 26 November 1939, which Aviación won 3–1. With the legendary Ricardo Zamora as manager, the club subsequently won their first La Liga title that season and retained the titles in 1941.
The most influential and charismatic player of these years was the captain Germán Gómez, who was signed from Racing Santander in 1939. He played eight consecutive seasons for the Rojiblancos until the 1947–48 campaign. From his central midfield position, he formed a legendary midfield alongside Machín and Ramón Gabilondo.
In mid-1940, a decree issued by Francisco Franco banned teams from using foreign names and the club became Atlético Aviación de Madrid. In September 1940, Atlético Aviación won the first Super cup in Spanish football after beating RCD Español, the 1940 Copa del Generalísimo winners, in a two-legged game that ended in a 10–4 aggregate victory, including a 7–1 trashing in the second leg at Campo de Fútbol de Vallecas.
On 14 December 1946, the club decided to drop the military association from its name, and shortly after, on 6 January, it settled on its current name of Club Atlético de Madrid. Also in 1947, Atlético beat Real Madrid 5–0 at the Metropolitano, their biggest win over their cross-town rivals to date.
Golden age (1947–1965)
Under Helenio Herrera and with the help of Larbi Benbarek, Atlético won La Liga again in 1950 and 1951. With the departure of Herrera in 1953, the club began to slip behind Real Madrid and Barcelona and for the remainder of the 1950s were left to battle it out with Athletic Bilbao for the title of third team in Spain.
However, during the 1960s and 1970s, Atlético Madrid seriously challenged Barcelona for the position of second team. The 1957–58 season saw Ferdinand Daučík take charge of Atlético, where he led them to second place in La Liga. This resulted in Atlético qualifying for the 1958–59 European Cup since the winners, Real Madrid, were the reigning European champions.
Inspired by Brazilian centre-forward Vavá and Enrique Collar, Atlético reached the semi-finals after beating Drumcondra, CSKA Sofia and Schalke 04. In the semi-finals, they met Real Madrid, who won the first leg 2–1 at the Santiago Bernabéu while Atlético won 1–0 at the Metropolitano. The tie went to a replay and Real won 2–1 in Zaragoza.
Atlético, however, gained their revenge when, led by former Real coach José Villalonga, they defeated Real in two successive Copa del Rey finals in 1960 and 1961. In 1962, they won the European Cup Winners' Cup, beating Fiorentina 3–0 after a replay. This achievement was significant for the club, as the Cup Winners' Cup was the only major European trophy that Real Madrid never won.
The following year, the club reached the 1963 finals, but lost to English side Tottenham Hotspur 5–1. Enrique Collar, who continued to be an influential player during this era, was now joined by the likes of midfielder Miguel Jones and midfield playmaker Adelardo.
Atlético's best years coincided with dominant Real Madrid teams. Between 1961 and 1980, Real Madrid dominated La Liga, winning the competition 14 times. During this era, only Atlético offered Real any serious challenge, winning La Liga titles in 1966, 1970, 1973 and 1977 and finishing runners-up in 1961, 1963 and 1965.
The club had further success winning the Copa del Rey on three occasions in 1965, 1972 and 1976. In 1965, when they finished as La Liga runners-up to Real after an intense battle for the titles, Atlético became the first team to beat Real at the Bernabéu in eight years.
European Cup finalists (1965–1974)
In 1966, Atlético left the Estadio Metropolitano de Madrid (which was demolished and was replaced with university buildings and an office block belonging to the company ENUSA) and moved to a new home in the Manzanares river waterfront, the Vicente Calderón Stadium, which was inaugurated on 2 October 1966 with a fixture against Valencia.
Significant players from this era included the now-veteran Adelardo and regular goalscorers Luis Aragonés, Javier Irureta and José Eulogio Gárate, the latter winning the Pichichi three times in 1969, 1970 and 1971. In the 1970s, Atlético also recruited several Argentine players, signing Rubén Ayala, Panadero Díaz and Ramón "Cacho" Heredia as well as coach Juan Carlos Lorenzo.
Lorenzo believed in discipline, caution and disrupting the opponents' game, and although controversial, his methods proved successful—after winning La Liga in 1973, the club reached the 1974 European Cup Final. On the way to the Final, Atlético knocked out Galatasaray, Dinamo București, Red Star Belgrade and Celtic.
In the away leg of the semi-finals against Celtic, Atlético had Ayala, Díaz and substitute Quique all sent off during a hard-fought encounter in what was reported as one of the worst cases of cynical fouling the tournament has seen. Because of this approach, they managed a 0–0 draw, followed by a 2–0 victory in the return leg with goals from Gárate and Adelardo.
The finals at Heysel Stadium, however, was a loss for Atlético. Against a Bayern Munich team that included Franz Beckenbauer, Sepp Maier, Paul Breitner, Uli Hoeneß and Gerd Müller, Atlético played above themselves. Despite missing Ayala, Díaz and Quique through suspension, they went ahead in extra-time with only seven minutes left.
Aragonés scored with a superb, curling free-kick that looked like the winner, but in the last minute of the game, Bayern defender Georg Schwarzenbeck equalized with a stunning 25-yarder that left Atlético goalkeeper Miguel Reina motionless. In a replay back at Heysel two days later, Bayern won convincingly 4–0, with two goals each from Hoeneß and Müller.
The Aragonés years (1974–1987)
Shortly after the defeat in the 1974 European Cup Final, Atlético appointed their veteran player Luis Aragonés as coach. Aragonés subsequently was coach on four occasions, from 1974 to 1980, from 1982 to 1987, once again from 1991 until 1993 and finally from 2002 to 2003. His first success came quickly as Bayern Munich had refused to participate in the Intercontinental Cup because of fixture congestion, and as European Cup runners-up, Atlético were invited instead.
Their opponents were Independiente of Argentina and, after losing the away leg 1–0, they won the return leg 2–0 with goals from Javier Irureta and Rubén Ayala. Aragonés subsequently led the club to further successes in the Copa del Rey in 1976 and La Liga in 1977.
During his second spell in charge, Aragonés led the club to a runners-up finish in La Liga and a winner's medal in the Copa del Rey, both in 1985. He received considerable help from Hugo Sánchez, who scored 19 league goals and won the Pichichi. Sánchez also scored twice in the cup finals as Atlético beat Athletic Bilbao 2–1.
Sánchez, however, only remained at the club for one season before his move across the city to Real Madrid. Despite the loss of Sánchez, Aragonés went on to lead the club to success in the Supercopa de España in 1985 and then guided them to the European Cup Winners' Cup final in 1986. Atlético, however, lost their third successive European finals, this time 3–0 to Dynamo Kyiv.
The Transition years (1987–2005)
In 1987, controversial politician and businessman Jesús Gil became club president, running the club (and committing a fraud of misappropriation by seizing 95% of the shares while failing to effectively pay a single Peseta during the Atlético's forced conversion from fan-owned club to Sociedad Anónima Deportiva in 1992) until his resignation in May 2003.
Atlético had not won La Liga for ten years and were desperate for league success. Right away, Gil spent heavily, bringing in a number of expensive signings, most notably Portuguese winger Paulo Futre, who had just won the European Cup with Porto. All the spending, however, only brought in two consecutive Copa del Rey trophies in 1991 and 1992 as the league titles proved elusive.
The closest Atlético came to the La Liga trophy was the 1990–91 season when they finished runners-up by 10 points to Johan Cruyff's Barcelona. In the process, Gil developed a ruthless reputation due to the manner in which he ran the club. In pursuit of league success, he hired and fired a number of high-profile head coaches, including César Luis Menotti, Ron Atkinson, Javier Clemente, Tomislav Ivić, Francisco Maturana and Alfio Basile, as well as club legend Luis Aragonés.
Gil also closed down Atlético's youth academy in 1992, a move that would prove significant due to 15-year-old academy member Raúl who, as a result, went across town to later achieve worldwide fame with rivals Real Madrid. The move came as part of the overall Gil-initiated business restructuring of the club; Atlético became a Sociedad Anónima Deportiva, a corporate structure benefiting from a then-recently introduced special legal status under Spanish corporate law, allowing individuals to purchase and trade club shares.
In the 1994–95 league campaign, Atlético only avoided relegation via a draw on the last day of the season. This prompted another managerial change along with a wholesale squad clearance during the summer 1995 transfer window. Somewhat unexpectedly, in the following 1995–96 season, newly arrived head coach Radomir Antić, with a squad including holdovers Toni, Roberto Solozábal, Delfí Geli, Juan Vizcaíno, José Luis Caminero, Diego Simeone and Kiko, as well as new acquisitions Milinko Pantić, Lyuboslav Penev, Santi Denia and José Francisco Molina finally delivered the much sought-after league titles as Atlético won the La Liga/Copa del Rey double.
The next season, 1996–97, saw the club take part in the UEFA Champions League for the first time. With expectations and ambitions raised, the most notable summer transfer signings were striker Juan Esnáider from Real Madrid and Radek Bejbl, who was coming off a great showing for Czech Republic at Euro 1996. Playing on two fronts, Atlético fell out of the league title contention early while, in the Champions League, they were eliminated by Ajax in extra-time in the quarter-finals.
Before the 1997–98 season, the heavy spending continued with the signings of Christian Vieri and Juninho. All of the success, however, produced little change in the overall Gil strategy, and although Antić survived three consecutive seasons in charge, he was replaced during the summer of 1998 with Arrigo Sacchi, who himself only remained in the managerial hot seat for less than six months.
Antić then returned briefly in early 1999 only to be replaced with Claudio Ranieri at the end of the season.
The 1999–2000 season proved disastrous for Atlético. In December 1999, Gil and his board were suspended pending an investigation into the misuse of club funds, with government-appointed administrator José Manuel Rubí running Atlético's day-to-day operations. With the removal of club president Jesús Gil and his board, the players performed poorly and the club floundered.
Ranieri handed in his resignation with the club sitting 17th out of 20 in the league table and heading towards relegation. Antić, returning for his third coaching stint, was unable to prevent the inevitable. Despite reaching the Copa del Rey final in 2000, Atlético were relegated for the second time in 66 years. The club spent two seasons in the Segunda División, narrowly missing out on promotion in 2000–01 season before winning the Segunda División championship in 2002.
It was again Aragonés, in his fourth and last spell as manager of Atlético, who brought them back to the Primera División.
Aragonés also coached the team during the next season, and gave Fernando Torres his La Liga debut. Torres came through the academy of the club and was a hot prospect in Spain; in his first season in the league, 2002–03, he scored 13 goals in 29 appearances. In July 2003, soon after his takeover of the club, Chelsea owner Roman Abramovich offered £28 million for Torres, which was rejected by Atlético.
In the 2003–04 season, Torres continued his success as he scored 19 league goals in 35 appearances, making him the joint third-highest scorer in the league. Torres had been at Atlético since the age of 11 and his precocious talent led to him becoming the club's youngest ever captain at the age of just 19.
