Overview
- Ramos and Five Eleven Capital, led operationally by Argentine investor Martín Ink, reached a tentative agreement Tuesday after back-to-back meetings with major shareholders in Seville.
- Reports place the valuation near €400–€450 million for a majority stake, with figures differing as the club’s debt is netted from the headline price.
- A KPMG review uncovered large liabilities and negative net equity, which pushed the buyers to cut the initial €450 million valuation discussed earlier in talks.
- Closing still requires proof of financing, a notary signing, and approvals from LaLiga and Spain’s sports council (CSD), with an exclusivity window in place through May 31.
- Sevilla’s relegation risk is baked into the price and payment terms, and the bidders have floated an €80–€100 million capital increase to steady the finances and lift the wage budget.