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Sergio Ramos and investment firm Five Eleven Capital are in active talks to acquire La Liga side Sevilla, with the potential deal now entering a critical stage. That said, the Real Madrid legend will not be returning to the club as a player.
With a Letter of Intent already in place and a thorough review of Sevilla's financial records now concluded, discussions between the key negotiating parties are expected to take place in the near future, according to a report from ABC.
The club was initially valued at approximately $525.9 million (€450 million), though the final price has yet to be agreed upon. A crucial meeting between the two sides is anticipated within the next few weeks, during which Five Eleven Capital will present its updated offer.
One significant factor casting a shadow over the deal is Sevilla's precarious league standing—the club sit just two points clear of La Liga's relegation zone. The threat of dropping down a division has already been worked into the negotiations, with a clause reportedly floated that could slash the purchase price by up to 25%.
Ramos's Role in Sevilla Takeover
Throughout the negotiations, Ramos has become the most high-profile figure associated with the potential acquisition. The former Sevilla defender is participating as a partner within the buying consortium, though his involvement has been relatively limited thus far.
Ramos was present at the opening meeting in Seville, where the groundwork for the deal was established. Since that point, however, he has largely stepped back, with the ongoing negotiations being managed primarily by his investment partners.
Nevertheless, his influence remains significant. Ramos's reputation and deep ties to the club have positioned him as the public face of the bid, drawing widespread attention as speculation surrounding the sale continues to grow.
With discussions still ongoing and a pivotal meeting on the horizon, Sevilla's future—both on and off the field—remains uncertain. The next few weeks are expected to be decisive in determining whether the deal reaches completion, and at what valuation, as the club continues to face challenges from multiple directions.
Sevilla Turned Down Chance to Re-Sign Ramos as a Player in January
Despite his involvement at an ownership level, Ramos—who made more than 670 appearances for Real Madrid—has yet to officially announce his retirement from professional football.
The 40-year-old departed Liga MX outfit Monterrey in December and has since been linked with a move back to Spain.
According to AS, Ramos put himself forward as a defensive option to his hometown club Sevilla in January, reportedly willing to play for the minimum wage permitted under La Liga regulations.
However, club president Jose Maria del Nido Carrasco rejected the idea of bringing Ramos back for a third spell as a Sevilla player, citing his involvement in the ongoing takeover bid as the reason.
"The decision that Ramos won't play for Sevilla is mine," he stated. "I told Sergio's entourage that for me it was incompatible to be the owner and at the same time play for Sevilla. It's true that we don't have a salary cap, but the decision has nothing to do with sporting matters."