Sergio Ramos’ prospective takeover of former side Sevilla appears to have completely fallen to bits.
Ramos’ led a takeover group of Five Eleven Investments, agreeing a €450million majority share purchase on May 12th.
However, with just three days until the deadline to get the deal done, sources from Sevilla’s side claim Ramos and Co tried to substantially negotiate a lower fee, leaving the club in crisis without an owner.
An unnamed spokesperson told El Pais: “The agreement has fallen apart and is broken.
“We were stunned because he wanted to buy Sevilla for barely 100 million euros. Then carry out a capital increase of just over 100 million and pay much less to the shareholders.
“We feel deceived by these five months.”
They also claimed that Ramos’ new idea was to buy around 30,000 shares, when the agreement had been to acquire 86,000 for 100 million euros.
Early in 2026 Ramos and his group were given a period of exclusivity to assess the club’s accounts, a stage which reportedly put off other potential investors.
Yet the former Real Madrid captain ploughed ahead, agreeing a deal with major shareholders.
It looked like a deal would be done before the May 31st deadline, but Ramos’ lowballing now appears to have completely scuppered things.
While we await Ramos’ side of events, the same source said there is no possibilities of negotiations resuming with the former defender.
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