
Sergio Ramos Faces Legal Action After Sevilla Takeover Talks Collapse
The proposed takeover of Spanish club Sevilla by an international group led by Sergio Ramos appears to be collapsing ahead of the exclusivity deadline on May 31. Ramos has scheduled a press conference for next Monday to elaborate on his revised proposal, amid reports that he intends to reveal information that may not be favorable to the major shareholders of the Andalusian club, according to sources close to him.
The sellers have sharply criticized Ramos's latest proposal, with the club's management reportedly calling it "the worst offer among all received offers" since negotiations began. Consequently, the main shareholders have initiated preparations for a legal claim against Ramos, accusing him of breaching contractual terms. They are seeking 500,000 euros in compensation, in addition to all administrative costs associated with the legal proceedings.
Conversely, Ramos's representatives justify their revised approach by asserting that Sevilla is in a state of "technical bankruptcy," necessitating urgent and direct financial intervention to stabilize its budget. The amended offer includes the Mexican real estate company DMI as a new strategic partner, aiming to address the economic challenges and accumulated debts that were highlighted in the original agreement framework signed last January.
Sevilla's management, however, maintains its official position regarding the club's financial solvency until 2030, a stance supported by accredited audit reports. These potential expansion plans are also subject to La Liga's economic control regulations, which cap any capital increase intended for improving the sports team's budget at 25 percent of the club's annual revenues.