The consortium led by Sergio Ramos is expected to finalise a deal to acquire his boyhood club Sevilla after undergoing years of poor performances on the pitch and financial troubles.
Former Real Madrid Captain Sergio Ramos has led a consortium to an agreement in principle to acquire his boyhood club, Sevilla, for a reported $520m (€444m).
Ramos has been backed by Five Eleven Capital, a football investment group based in Madrid and led by Managing Director Martin Ink.
The consortium entered exclusivity talks with Sevilla’s major shareholder in January 2026 after initial reports linked Ramos with a potential bid. The Athletic revealed the consortium agreed a deal in principle on 12 May after completing negotiations and due diligence.
A deadline to complete the purchase of the La Liga club is expected to be late May or early June, while Marca reported the exclusivity window expires on 31 May.
If Ramos were to lead his consortium to becoming the owner of Sevilla, it would represent a full-circle moment for the Spanish World Cup-winning defender.
Ramos came through the Sevilla youth academy, joining at six-years-old. He made his professional debut for the club at 17-years-old in February 2004.
He joined Real Madrid in 2005 and went on to become one of the most decorated Spanish defenders of all time, winning five La Liga and four Champions League titles. Ramos is also the most-capped Spanish player of all time with 180 caps, winning the World Cup in 2010 and the European Championships twice in 2008 and 2012 for the Spanish national team.
After spending two seasons at Paris Saint-Germain, Ramos returned to Sevilla for the first time in 18 years in 2023, where he played for one season before signing for Mexican club Monterrey for a year in 2025.
Do Sevilla need a new direction?
Sevilla is currently majority owned by Sevillistas de Nervión S.A., a major shareholder group made up of former Club Presidents. The Sevilla Supporter’s Trust, Accionistas Unidos, are a minority shareholder.
777 Partners owned a stake in the Spanish club up until May 2026, when its shares were assumed by creditor A-Cap. Ramos and Five Eleven Capital are expected to acquire a majority share of up to 80% in Sevilla if the agreement is finalised and approved by La Liga.
Marca reported that Five Eleven Director, Marc Boixasa, is expected to lead footballing operations alongside Ramos, who is believed to also be a key figure in the sports strategy and decision making.
One of Spain’s most successful football clubs, not named Real Madrid or FC Barcelona, Sevilla has recently undergone several years of poor results on the field.
The poor form arguably began during the 2022-23 season, finishing 12th in the league despite winning a record 7th Europa League title. Sevilla finished the following season in 14th before almost being relegated in the 2024/25 season, finishing 17th, just one point away from the relegation zone.
Sevilla currently sit 13th this season in La Liga, however, the club is only one point from the relegation zone.
During the tailend of the 2024/25 season, where the club were relegation-threatened, Sevilla fans demonstrated their anger towards the club and its players by breaking into the club’s training ground, which resulted in players and staff having to be locked down in nearby facilities.
Much of the fan anger and protests have been directed towards Club President José María del Nido Carrasco, and Sporting Director Victor Orta for their role in the club’s poor performances on the field, as well as leading the club through financial troubles.
Sevilla’s financial situation
One of the key commitments as part of the acquisition of Sevilla would be for the Ramos-led consortium to inject between €80m-€100m of additional capital into the club.
Reports from anonymous sources told The Athletic and Marca Sevilla’s net debt is as high as €90m but would be deducted from the €444m takeover fee.
In its 2023/24 financial report, Sevilla posted a loss of €82m, with revenues standing at €182m. In the following 2024/25 report, losses narrowed down to €50m but only due to scaling back on club spending on players and infrastructure.
The threat of being relegated to Segunda Division in the past two seasons has only exacerbated financial concerns. Relegation would result in a significant drop in revenues relating to broadcast rights fees and La Liga prize money.
If Sevilla were to be relegated this season, Marca revealed the Ramos and Five Eleven takeover will still go through.
