Sergio Ramos, through his investment group, Five Eleven Capital, has reached a final agreement to become the owner of Sevilla FC. Spanish soccer is experiencing a historic moment in light of this agreement with three of Sevilla’s major shareholders to finalize the purchase of the club.
Pending the final signing of the documents, the payment terms and guarantees presented by Ramos and his group have been accepted. The deal will undoubtedly transform the future of the Nervión-based club.
The details of a multimillion-dollar deal
After intense days of negotiation, the meeting that took place this Tuesday at a downtown hotel in Seville was decisive, according to ABC de Sevilla.
Ramos and his partner and CEO of Five Eleven Capital, Martin Ink, have put a multi-million-euro offer on the table. Specifically, the acquisition of the club is valued between 400 and 450 million euros.
The agreement involves the acquisition of 80% of the shares, including the stake held by José María del Nido Benavente and the Carrión, Alés, and Castro families. The price per share is estimated to be around 3,500 euros.
The soccer player will not contribute direct capital but will serve as the public face and chief executive. For the sports side of the operation, the chosen candidate is Marc Boixasa, who has experience with the City Group and FC Barcelona.
Although the agreement is complete, two crucial steps remain: notarization and approval by LaLiga and the Higher Sports Council (CSD).
