Sergio Ramos agrees to buy Sevilla FC for 400 million

Sergio Ramos agrees to buy Sevilla FC for 400 million Sergio Ramos, representing the fund ‘Five Eleven Capital’, has reached a total agreement with the main shareholders of Sevilla for the purchase of approximately 60% of the club’s social capital. The deal, valued at over 400 million euros, is awaiting final document signing and approval from the Higher Sports Council (CSD). Intense negotiations, including a detailed audit revealing an 85 million euro debt, have culminated in this agreement, which considers the possibility of the team descending to the Second Division.

• Sergio Ramos, via ‘Five Eleven Capital’, reached an agreement with Sevilla FC’s main shareholders for a takeover.
• The deal is for approximately 60% of the club’s social capital, valued at over 400 million euros.
• The agreement is pending final document signing and approval by the Higher Sports Council (CSD).
• Negotiations intensified after a letter of intent was signed in March, with an exclusivity period until May 31.
• A ‘due diligence’ audit confirmed the club’s debt of around 85 million euros, which had been a point of friction.
• The potential relegation of Sevilla to the Second Division was considered during negotiations, which could lead to a price reduction.
• Sevilla is currently 13th in LaLiga EA Sports with three games remaining. https://despacho505.com/entretenimiento/61605-sergio-ramos-compra-sevilla-acuerdo-millonario/