Sergio Ramos and his investment fund Five Eleven Capital have reached an agreement to buy Sevilla, in a move that could bring major changes to the management of the Andalusian club.
The news was announced by journalist Victor Fernandez, who reported that the deal was finalized after a meeting held on Tuesday morning. According to the published information, the value of the agreement for 80 percent of the club's shares amounts to around 450 million euros.
The former Real Madrid and Spain national team captain aims for the entire process to be completed as soon as possible, in order to take full control of the club's management and launch a new leadership project for Sevilla.
As of Monday evening, Fernandez had reported great optimism among the parties involved, suggesting that the final agreement was only a matter of hours, which has now been confirmed.
The development comes at a crucial moment for Sevilla, who are struggling to survive in La Liga. The club currently have 40 points and the board believes that this figure is not enough to guarantee their place in the Spanish top flight, and they need at least one more win to avoid relegation.
