Sevilla Shareholders Slam Sergio Ramos Over Failed Takeover Bid

Sevilla's major shareholders, including former president José María del Nido Benavente and the families Alés, Carrión, Guijarro, and Castro, issued a scathing statement on Monday, directly targeting Sergio Ramos. This comes days after negotiations for the sale of the club to the former player and an investment group, ongoing since the beginning of the year, were terminated.

According to COPE, the Argentine investment fund Five Eleven Capital, which had secured Ramos's backing, significantly reduced its initial offer, leading to the deal's collapse.

The statement refers to a "fraud" that "had been brewing for months" and highlights a "blatant lack of respect for the shareholders and the club." They argue that such behavior is "unworthy of such a respected and significant figure in the world of football as Mr. Ramos, who at first glance seemed to guarantee Sevilla's future." Furthermore, it is alleged that "information damaging the club's reputation" is being disseminated "from Sergio Ramos's entourage." This is happening "in gross violation of the confidentiality agreements signed with the club and shareholders," by leaking financial data about the club that does not reflect reality.

Under the preliminary agreement, the investors were supposed to acquire 80,000 shares for approximately 450 million euros. However, they subsequently sought to purchase only around 30,000 shares and participate in a capital increase to gain control of the club. Sevilla's owners were angered by the revised offer and now consider the deal dead, expecting to seek other potential buyers while planning for the next season.