Former Real Madrid Player Sergio Ramos has today confirmed the purchase of Top 4 La Liga club for a whooping sum of $1b!
Sergio. Ramos is leading a €400m bid to buy his boyhood club Sevilla, alongside foreign investors. The 39-year-old, a free agent, would be the public face of the takeover, aiming to acquire 100% of the club. An American fund is involved, and the bid is subject to an audit of Sevilla’s debt, estimated at €180m.
Uncertainty Over Debt Valuation
The bid’s success hinges on the valuation of Sevilla’s debt, with uncertainty surrounding a €108m loan from CVC Capital Partners. Sevilla doesn’t consider this loan as debt, but the bidders are seeking clarity.
Financial Challenges
Sevilla’s finances have worsened, with €81.8m losses and a €108m loan in 2023-24. Ramos, a Sevilla legend, made his debut in 2004 and played over 600 games for the club before joining Madrid in 2005.
Ownership Structure
Sevilla’s ownership is split among several groups, including the Del Nido family and Sevillistas de Nervion. Ramos’s bid may not be the best offer, given the uncertainty over debt valuation. The deal is likely to take time to finalize, and Ramos could be eligible to play for Sevilla this season if the takeover is delayed.
