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Sevilla FC owner withdraws from talks after investors change their offer

Richard Reid RUSSPAIN.com

Post by Richard Reid

Sevilla FC owner withdraws from talks after investors change their offer RUSSPAIN.com © russpain.com
Sevilla FC owner withdraws from talks after investors change their offer © russpain.com

Sevilla Sale to Sergio Ramos' Group Collapses Due to New Conditions. Negotiations for the sale of 80% of Sevilla's shares to Sergio Ramos' group have collapsed. The club accused the investors of changing the terms of the deal. Club officials are already searching for new buyers.

The owner of Sevilla has officially halted negotiations on the sale of the controlling stake to Sergio Ramos's group. The decision was made after the investors proposed to change key terms of the deal, prompting strong dissatisfaction among the club's shareholders. According to a source involved in the negotiations, the parties failed to agree on the number of shares to be acquired and the payment structure.

Initially, Sergio Ramos's group planned to acquire 80% of Sevilla's shares for €450 million, including the club's debt. However, at the last meeting in Seville, the investors suggested limiting the purchase to 30,000 shares instead of the previously agreed 86,000, and then carrying out an additional issue to increase their stake. According to club representatives, the new scheme would have allowed the investors to gain control for a sum significantly lower than originally stated, which generated sharp rejection from the sellers.

As a result, Sevilla’s management announced it does not see an opportunity to resume negotiations with Sergio Ramos’s group. The club has already begun considering alternative offers from other investment funds. Acting president José María del Nido Carrasco will continue to lead the club, while the coaching staff and sporting director will retain their positions.

Since December last year, Sergio Ramos' group has been considered the main contender to buy Sevilla. During this time, investors conducted a financial audit of the club and obtained the right to priority negotiations. However, according to shareholders, the lengthy process did not yield results, and the latest changes to the offer have cast doubt on the buyers' financial viability. Despite guarantees provided by Mexican partners, trust in the deal was ultimately lost.

The situation surrounding the sale of Sevilla resembles other high-profile transfers in Spanish football in recent years. For example, the era of Alexia Putellas at Barcelona recently came to an end — she left the club after 14 seasons and 38 titles, which became a major event for all of football in Spain. You can read more about the retirement of one of the most decorated players in the country in the article about Alexia Putellas' farewell to Barcelona.

For reference: Sevilla is one of the oldest football clubs in Spain, and has been fighting to stay in La Liga for the past three seasons. Before negotiations with Sergio Ramos' group, shareholders had already rejected offers from three other potential buyers, including well-known entrepreneurs from Seville. The future of the club remains uncertain, and the search for new investors continues.

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