Sergio Ramos’ €450m Sevilla gamble could reshape the club’s future

January 27, 2026 Aksel Kryhlmand

Sevilla FC may soon enter a new chapter led by one of its most iconic former players. According to Cadena SER, Sergio Ramos has reached a preliminary agreement with the club’s main shareholder group on a takeover valued at around €450 million, a move that comes as both the football club and the city navigate questions of long term stability and governance.

The talks place Ramos at the center of a possible ownership transition during a period of sustained losses, shareholder tension, and broader debates in Sevilla about responsible leadership and financial reform.

Preliminary deal opens review process

According to Cadena SER, the initial understanding has triggered an exclusivity period, allowing Ramos’ group to conduct a detailed due diligence review of Sevilla FC’s finances before any final agreement is signed.

The offer has been submitted through Five Eleven Capital, a football investment vehicle linked to Ramos and his business partner Martin Ink. The group operates several sports assets that share financial and management infrastructure while remaining independent in their day to day operations.

How the talks began

Ramos’ interest became public earlier this year. According to Mundo Deportivo, an early meeting brought together the former defender, Sevilla’s legal adviser Pérez Solano, and several shareholders.

These discussions emerged as ownership groups including the Del Nido family, José Castro, the Carrión family, and other investors explored a possible sale amid mounting financial pressure and internal divisions.

Financial strain behind the scenes

According to estimates cited across Spanish media, Sevilla’s actual debt may exceed the officially reported €70 million, deepening concerns among supporters and investors alike.

Figures presented at the most recent shareholders’ meeting showed accumulated losses of €155 million over the past three seasons. These include €19 million in the 2022,23 season, €82 million in 2023,24, and €54 million in the 2024,25 campaign.

“These are substantial losses,” club president José María del Nido Carrasco said in comments to Palco23, acknowledging the scale of the challenge facing the club.

Sevilla’s wider moment of reckoning

Ramos’ bid is unfolding as Sevilla itself has recently played host to global discussions on financial responsibility and trust. In July 2025, the city welcomed the United Nations’ 4th International Conference on Financing for Development, which concluded with the adoption of the Sevilla Commitment.

According to UN News, the agreement set out a roadmap for fairer financial systems, improved transparency, and stronger accountability, particularly in moments of economic stress. Civil society groups emphasized that rebuilding trust requires leadership rooted in local communities, sustainable investment, and long term responsibility rather than short term fixes.

While the conference focused on global development, its themes have resonated locally in a city grappling with debt, inequality, and institutional confidence, issues that mirror those facing Sevilla FC.

More than a financial transaction

Ramos’ potential return as owner carries symbolic significance. A native of Seville, he rose through the club’s academy before returning late in his playing career.

According to analysis published by Mundo Deportivo, the proposal is being viewed by some stakeholders as an alternative to selling the club to foreign investment funds. The emphasis, supporters argue, would be on restoring stability and identity at a time when trust in leadership has been eroded.

A growing trend among elite players

If completed, the deal would place Ramos among a growing group of current and former players investing directly in clubs. Gareth Bale has taken ownership of Plymouth Argyle, Luka Modrić has acquired a stake in Swansea City, and Giorgio Chiellini is a shareholder at Los Angeles FC.

Sources: Mundo Deportivo, UN News