Ramos Approaches Purchase of Sevilla FC

Press reports have indicated that a preliminary agreement has been reached for the sale of Sevilla FC after a meeting lasting about two hours between the concerned parties, including Sergio Ramos and Martin Ince, CEO of Five Eleven Capital, along with major shareholders of the club, with only the completion of formal procedures and documentation at the notary remaining.

According to the Spanish newspaper 'Marca', this agreement came after a meeting held this morning at a hotel in the city of Seville, following a day of prolonged negotiations that lasted about nine hours, during which the final details of the deal were set.

The report indicated that the process began in mid-January, through official contacts with major shareholders, during which a letter of intent was signed, followed by an exclusive negotiation period ending on May 31.

During this period, the parties commissioned KPMG to conduct a comprehensive financial audit of Sevilla FC's accounts, as part of what is known as the due diligence process, a step that previously led another investment group to withdraw from the deal.

The report clarified that the agreement was reached one day before the team plays a crucial match in the fight for survival against Villarreal at the La Ceramica stadium.

It also noted that the final roles within the club's new project have not yet been determined, with confirmation that Sergio Ramos will not just be an owner, but will have an important role in making sports and strategic decisions.

The source added that Marc Boixasa, the sports director of the Five Eleven system, has over 10 years of experience with the City Football Group, began his career in Seville, and previously held the position of CEO of Football at Al Hilal Saudi Club.

Jesus Zamorano, a former official in the Spanish League, also holds the position of Chief Operations Officer within the new administrative structure of the group.