The coach was hit with a heavy suspension following his conduct during the Supercopa de Espana clash with Real Madrid.
Simeone was sent from the dugout after arguing with the officials on the touchline, before patting the fourth official on the head and sarcastically applauding the referee before heading to the stands.
The Argentine's behaviour prompted the Spanish Football Federation (RFEF) to dish out an eight-match ban, and Atletico believe it's only logical that they oppose the verdict.
"There is a committee that has issued a verdict and there is not much more to say on the suspension," Cerezo told Canal Plus.
"We will now have to wait and see how the appeal pans out. We will appeal the ban because that's common sense."
Meanwhile, Simeone himself has remained calm under the severity of his ban.
"My suspension? Very good... I am not going to make any judgement. I respect the people who have made this decision."