Sergio Ramos swiftly responded to sharp accusations from Sevilla shareholders, who blamed him for the collapse of the club's sale negotiations. The former player is the face of an offer from the Argentine investment fund Five Eleven Capital, which had expressed readiness to acquire shares. However, a rift emerged after it became clear that the fund had significantly undervalued its proposal.
In an official statement, the shareholders declared: "Ramos deceived us." The legendary defender read a prepared statement to the media before taking questions.
"I want to make it clear that I am here solely to discuss Sevilla Football Club. I will answer all questions to the best of my ability, as there are confidentiality aspects that we have respected from the outset and will continue to uphold. Therefore, on some matters, I will not be able to go into detail. As always, and despite the warning the current shareholders sent us in a message a few hours ago, I want to stand here personally and deliver these important messages myself," Ramos began.
"As you know, I have a very special personal connection with Sevilla. I believe we presented a very solid economic, sporting, social, and institutional project which, with all due humility, we understand is the best foundation for Sevilla to reclaim its rightful place. Everyone knows how delicate the club's situation is currently. Sevilla has accumulated significant losses in recent seasons, as evidenced by financial statements, and projected recurring losses in the coming years. Our investor group, comprising a top-tier business group and Five Eleven, aimed from the very beginning to help Sevilla and ensure its future viability," he added.
Ramos also clarified the changes in the offer: "Since we began the initial conversations until today, we have been in negotiations, and as such, parameters, information, and conditions have changed from both sides, not just ours. During this period, there were two approaches. The initial one, which everyone is aware of, involved acquiring 85% of the capital with an investment of 80 million euros for a capital increase and 279 million for shareholders at a price of 3175 euros per share. That is, a total of 359 million. This plan had to be adapted according to the recommendations of La Liga and our advisors, who suggested a capital increase of 120 million, not 80, before June 30, to ensure the club's viability."
"In this regard, the final offer, presented last Wednesday, with unlimited proof of funds from Banco Santander and another top-tier international bank, envisages acquiring up to 85% of the shares through a capital increase of 120 million and payment to shareholders in two stages. The first stage provides between 141 and 305 million, and the second – a minimum of 137 million for current shareholders at a price of 3175 euros per share. This means a total minimum investment of approximately 362 million, without changing the share price. With the final offer, we aim to prioritize the club's needs to ensure its viability, especially financially," he continued.
"Unfortunately, since last Wednesday, we have not received a response, and the exclusivity period has expired. But with this intervention, we want to show that we are still here, that we want to continue negotiations, and we would like to receive some communication from the shareholders to move forward in this process, which we believe is very necessary. In any case, we hope that if we do not receive further messages, it is because the current shareholders have an offer that is significantly better than ours and will help Sevilla in this delicate situation, especially before June 30," Ramos stated.
In conclusion, he addressed the fans: "I want to especially thank the Sevilla supporters for the support, affection, and enthusiasm they have shown us from the first day I joined this project. With us or without us, what we want is to see a great and champion Sevilla that brings back the emotion. And as our anthem sings: 'Sevilla to death.'"