Sevilla Cancels Sergio Ramos Ownership Deal After Real Madrid Legend Cuts Offer
26 Articles
26 Articles
A few weeks ago it was reported that the investment group led by Sergio Ramos was going to buy Seville. One of the club’s most important players in this millennium would be at the head of an institution that in recent years went from winning European competitions to struggling to stay just in the First Division. The news generated illusion, as more than five months of negotiations were completed between the selling party and the buyers, but this…
Sergio Ramos is unable to collect the money promised to the shareholders of Seville, about 450 million euros, including taking over the debt. Therefore, the sale of the club Hispalense has not arrived good port, after several weeks of negotiations.Read more]]>
The families that hold the majority shareholding in Seville have given this Wednesday for "rota" the negotiation with Sergio Ramos and the Argentine investment fund Five...
Sevilla Cancels Sergio Ramos Ownership Deal After Real Madrid Legend Cuts Offer
Sergio Ramos' proposed takeover of Sevilla has completely collapsed after the Real Madrid legend drastically altered the terms of his bid. Negotiations were abruptly terminated on Wednesday when the former defender returned to the table with a heavily reduced offer, prompting the selling party to walk away from what was supposed to be a historic deal for the Andalusian club.According to El Desmarque, Sevilla have ended negotiations with Ramos an…
The families that hold the majority shareholding in Seville have given this Wednesday for "rotating the negotiation" with Sergio Ramos and the Argentine investment fund Five Eleven Capital for the sale of the club due, according to the argument, to a "substantial reduction" of the initial offer, on which there was a pre-agreement, and to the "insolvency" of the buyer party.
Ramos tabled a very low reformulated proposal this morning.
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