If the first chapter of this story was a corporate thriller, the second is straight-up a daytime soap opera complete with Mexican investors, bank guarantees and a countdown timer on screen. Latest in the Ramos-Sevilla saga: the Mexican partners have walked. And there are nine days left for a miracle.
Ramos and Five Eleven Capital had the Sevilla FC takeover practically wrapped up for over 275 million euros. To reach that figure, they were counting on backing from a group of Mexican investors who would provide part of the capital. Those investors have pulled out. Official reason: they couldn't reach an agreement on the terms. Unofficial reason: the bank guarantees demanded by the sellers were too demanding.
The Sevilla sellers have given exclusivity to the Ramos group until May 31st. In reality, the last genuine working day would be Friday the 29th. If by then the group hasn't presented credible bank guarantees covering the full amount, the deal falls through. And if the deal falls through, Sevilla goes back on the open market. Nine days. 275 million. Without the Mexicans. The equation is complicated, to put it mildly.
El Desmarque reports that the guarantees are "completely up in the air". Other media outlets suggest the group is urgently seeking alternative financing. In football, where deals of this scale are built over months, trying to rebuild the financial structure in nine days is a balancing act that very few funds could pull off.
Sevilla has had complicated seasons. The fanbase, which boasts one of Spain's most loyal supporter bases, needs a credible project. Ramos created hope — he's a big name, he's coming home — but the financial doubts never completely disappeared. If the deal falls through, the club is left in a limbo nobody wants: without a new owner, uncertain about who comes next.
If it goes through with new investors in nine days, it would be the final twist of this chapter. And the start of a completely new story for Sevilla. The scoreboard today: Ramos 0 – Mexican Investors 1. Nine days left to turn it around. We've seen more unlikely comebacks in football.
The Mexican investors backing Ramos and Five Eleven Capital's operation withdrew, leaving the purchase of Sevilla FC in serious danger just days before the deadline.
The operation valued the purchase of Sevilla FC at over 275 million euros, a figure for which the support of the Mexican investors was key.
The Mexican partners abandoned the operation, complicating the financing that Ramos and Five Eleven Capital needed to close the purchase against the clock.
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