Sevilla breaks the agreement with Sergio Ramos for the sale of the club: “We feel cheated” | Soccer | Sports

“The agreement has been blown up and is broken.” This is what a Sevilla source who participated in the last meeting held in the capital of Andalusia this Wednesday morning expressed to this newspaper. In it, Sergio Ramos and his investment group have presented substantial modifications regarding the agreement reached on May 12 by which they committed, less the recognized debt of 88 million, for 80% of the entity’s shares.

This is how the selling party expresses itself, quite angry with what happened at the meeting held in Seville. According to this source, Ramos’ new idea was to buy about 30,000 shares, when it had been agreed to acquire 86,000. After this purchase, Ramos’ group has proposed activating a capital increase to achieve a lot of power: 42% more shares. “We have been frozen because he wanted to buy Sevilla for just 100 million euros. Make an extension of just over 80 million and pay the shareholders only 18 million,” they assure this newspaper.

While waiting to know what the version of the purchasing party will be, the club states that there is no possibility of resuming conversations with Sergio and his group. At this time, where there is enormous anger among the large shareholders, they are already thinking about planning for the next season and it is reported that there are several more options for the purchase of Sevilla, coming from other investment funds. Therefore, José María del Nido Carrasco would continue as president in the executive part. Luis García Plaza would remain as coach and José Ignacio Navarro as sports director after the departure of Antonio Cordón.

Since last December 31, Sergio Ramos’ group has been the favorite to win. In fact, the large shareholders signed a preference agreement with Sergio and his group, which carried out an extensive audit of the club’s accounts for nearly five months. “We feel cheated by these five months,” these same sources affirm.

During all this time of negotiations, the selling party always doubted the economic strength of the succulent offer presented by Ramos, which guaranteed 3,200 euros per share to take over 80% of Sevilla. However, Ramos’ group defended its financial capacity and even at the meeting held this morning in the capital of Andalusia presented payment guarantees with the support of an important economic family in Mexico, specifically from Monterrey. It remains to be seen what the response will be from Sergio Ramos, a world football figure who, curiously, has not yet officially announced his retirement as a footballer.

Before opening up to Sergio Ramos’ proposal, Sevilla shareholders showed their refusal to sell the club to up to three possible buyers. One of them, Sevillian and Sevillista businessmen of recognized prestige. Sevilla has not been relegated to the Second Division for three consecutive seasons.

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