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Former Real Madrid captain Sergio Ramosis reportedly close to becoming the new majority owner of Sevilla after reaching a €450m agreement with North American investment group Five Eleven Capital.
Reports in Spain claim Ramos and his consortium have finalised terms on a deal valued at around €450 million, with contracts now awaiting formal approval and clearance from Spain’s High Court for Sport.
The agreement follows months of negotiations between the investment group and Sevilla’s current ownership. Ramos and Five Eleven Capital had initially signed a declaration of intent earlier this year before entering detailed financial discussions and due diligence processes.
Financial Rescue Plan Included
Part of the proposed takeover reportedly includes a fresh capital injection worth between €80m and €100m aimed at stabilising Sevilla’s finances.
The funding would help improve the club’s salary limit and create room for investment in the squad ahead of next season after several difficult campaigns both on and off the pitch.
Sevilla have struggled financially and competitively in recent years, with growing unrest among supporters over the board’s handling of the club.
Fans have repeatedly protested against the current leadership, including president José María del Nido Carrasco, during the past few seasons.
Ramos could lead new era
The takeover could also signal a major shift in Sevilla’s leadership structure, with reports suggesting Ramos may eventually replace Del Nido Carrasco as club president.
Such a move would end the long-standing influence of the del Nido family within Sevilla’s boardroom.
Ramos returned to Sevilla as a player two seasons ago in a move that initially divided opinion among supporters because of his strong links to Real Madrid.
However, his involvement in efforts to revive the club’s financial and sporting situation could help reshape his relationship with the fanbase.
The deal is expected to be completed once legal approvals are granted and final documents are signed.