Ramos-Led Group Agrees to Buy Sevilla FC Majority Stake
A consortium led by former Real Madrid defender Sergio Ramos has reached an agreement in principle to acquire a majority stake in his boyhood club, Sevilla FC, with three games remaining in the La Liga season.
The deal, valued at approximately 400 to 450 million euros, involves Ramos and investment group Five Eleven Capital purchasing around 80 percent of the shares from current majority owners. Negotiations concluded positively after lengthy meetings at the club's Ramon Sanchez Pizjuan offices on Monday, sources close to the discussions said. The consortium has provided payment guarantees, satisfying sellers, though final contract signings and approvals from La Liga, the Spanish National Sports Council, and the High Court for Sport are still required. The transaction is expected to close by late May or early June.
As part of the agreement, the new owners plan to issue shares and inject 80 to 100 million euros into the club. This capital aims to address Sevilla's strained finances, including an estimated net debt of around 90 million euros and potential total liabilities nearing 180 million euros pending audit. The funds would also raise the club's salary limit, allowing greater...