Sergio Ramos Five Eleven Capital are set to become Sevilla’s new owners this week.
Multiple reports claim that final talks were rushed through ahead of the team’s final LaLiga matches.
Now all that is left is for the Spanish National Sports Council to approve the transaction and for paperwork to be signed.
Ramos’ company have had an offer accepted of around €450million for a majority stake which will decrease should Sevilla be relegated.
After paying off the club’s debt, they have also agreed to inject a capital increase of between €80m and €100m to help alleviate financial problems and allow the club to spend again under LaLiga financial fair play rules.
Ramos’ consortium came to the fold at his former club after an American bidder turned away upon assessing the club’s accounts.
That didn’t put the ex-defender off, and he signed a letter of intent in January, entering a period of exclusivity to get the deal done.
That notice expires on May 31st, but the deal looks set to be done weeks before that, with Ramos and Co wanting to give the club a boost ahead of their remaining matches.
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