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Sergio Ramos and his investment partners are close to finalizing the purchase of Sevilla. According to reports, Ramos and the Five Eleven Capital fund have reached an agreement with the club's main shareholders for a transaction price estimated at around 450 million euros, including the club's existing debts.
The agreement also provides for a payment plan that varies depending on the category in which Sevilla will play next season, in La Liga or La Liga 2. Investors have also convinced shareholders through financial guarantees offered for the realization of payments.
Currently, the final step remains approval by the Spanish High Sports Council (CSD), as well as the final signing of the relevant contracts.
The Letter of Intent (LOI), signed by Ramos and Five Eleven Capital with Sevilla's main shareholders in January of this year, expires on May 31. For this reason, all parties have accelerated the procedures for closing the deal. Draft purchase contracts have reportedly been prepared for weeks, while in recent days the process has advanced at a faster pace.
Under Spanish law, any acquisition involving 25% or more of the shares of a Sports Company (SAD) requires prior authorization from the CSD. This process aims to guarantee the financial stability of the club and the credibility of investors.
In addition to the share purchase, Ramos and his group are also expected to carry out a capital increase of between 80 and 100 million euros. This investment aims to stabilize Sevilla's finances and increase the club's salary cap, which has been significantly reduced in recent years, negatively affecting the team's competitive strength.
Sevilla has gone through a difficult sporting and financial period, recently struggling to avoid relegation, while Ramos' arrival at the club is seen as an attempt to restore the team's stability and competitiveness.
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