Sergio Ramos submits new bid for Sevilla FC, shareholders to study proposal

Sergio Ramos, alongside a group of investors including a Mexican business consortium, has submitted a new proposal to acquire a majority stake in Sevilla FC. The offer, presented to the club's main shareholders, includes a capital increase and modifies the terms for existing sellers.

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They have presented 'another proposal' and 'proof of funds' that the advisors of the main shareholders will study as soon as possible.

The Spanish international footballer, leading the bid through the fund Five Eleven Capital, met with representatives of the major shareholders in Seville. Ramos was accompanied by his brother René, who is a football agent, and his lawyer, Julio Senn. This meeting occurred as the exclusivity period for negotiations on the sale of Sevilla expires this Sunday.

Luis Carrión Amate, representing one of the principal shareholder families, confirmed that Ramos and his partners presented "another proposal" and "proof of funds." He stated that advisors to the main shareholders would review the offer promptly, with a response expected by Monday. Carrión emphasized that his family group seeks "what is best for Sevilla," even if it means "giving away the shares."

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There has been practically no talk about anything. They have stated their conditions and nothing more. There is optimism for the good of Sevilla.

Carrión also clarified that the investor group remains the same, comprising "the same investors" and "a strong Mexican family." He expressed optimism that the deal will ultimately benefit Sevilla, noting the urgency to meet the deadlines outlined in the Letter of Intent (LOI).

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As if we had to give away the shares, at least from my group. Let's say they have made another proposal and the advisors who handle it have said they will study it and will be given a response in a very short time. By Monday at the latest, because they have an LOI (letter of intent) that has deadlines to meet.