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Sergio Ramos has strongly defended his reputation after the sudden breakdown of his consortium’s multi-million-euro bid to acquire Sevilla, just days before a crucial financial deadline. The 40-year-old former Spain international denied allegations of deception, responding firmly to criticism following a last-minute modification in the investment structure that caused negotiations to fall apart.

Takeover collapses before deadline

As reported by The Athletic, a €444 million proposal led by Ramos to secure an 85 per cent stake in Sevilla has fallen through. The talks collapsed when the consortium—comprising Ramos and a group of Mexican investors—revised their financial plan during a late-session meeting. The existing shareholders deemed the amended terms inconsistent, leaving the financially strained Andalusian club without essential funding just before the exclusivity period expired on May 31.

Ramos defends business integrity

In a press interaction, Ramos vigorously rejected suggestions of any misconduct linked to the altered offer. He commented, “I want to make it clear that I’m here to discuss Sevilla only, and I’ll respond as openly as I can, respecting the confidentiality we’ve always maintained. Even with all the warnings, I want to face the public and explain directly what happened. We have presented a very strong project, the best one to help Sevilla reclaim its rightful position.”

He continued, “Everyone is aware that the club’s situation is extremely fragile. Our investment group wanted to contribute to its stability. During the negotiations, positions evolved—not only on our side. Initially, our offer was €3,175 per share for 85% ownership. This was revised after a recommendation to increase capital by €120 million instead of €80 million. Our updated proposal was aimed at guaranteeing Sevilla’s financial health. The only change was that the payment for shares would occur in two phases. We have not received any response since Wednesday.”

“I’m still in Seville and open to dialogue. This is the first time I am speaking as a businessman, not a footballer. I respect everyone, though I find some remarks inappropriate. Our proposal was made according to La Liga’s guidelines. Sevilla needs a €120 million capital increase, not €80 million. I’m not asking for a lower valuation of shares—just that shareholders act in Sevilla’s best interest.”

“If Sevilla’s welfare truly matters, then they should support us. We are neither deceiving nor cheating anyone. DMI has been my partner from the start, but the narrative is being twisted. The funds were entirely sourced from Banco Santander and another international bank—with no limits, to be precise. If this deal falls through, it will be because there’s a €120 million capital increase and perhaps a higher offer than ours,” Ramos clarified.

Consortium remains optimistic

Despite the tensions and a counter-statement from shareholders claiming no breach of the letter of intent, Ramos expressed optimism that the agreement could still be revived. “We are calm because we have not violated any negotiation terms. There has been misinformation about what actually happened—we have not broken any part of the LOI. I hope they reach out again; I still remain hopeful.”

He added, “I believe our offer represents a real opportunity for both shareholders and the club’s sustainability. I could say a lot more, but my aim is still to finalise the deal. Time is short—the capital increase must be completed before June 30 because the club’s financial position is fragile. Our proposal has been misrepresented. I want Sevilla supporters to understand the seriousness of our offer. If this process has encouraged Del Nido Benavente to reconcile with other shareholders, then I’ll be content if that outcome benefits the club.”

Sevilla seek new investors

Sevilla are now actively pursuing new investors to stabilise their delicate Financial Fair Play situation before the summer transfer window opens. The club faces intense pressure to complete a €120 million capital raise by June 30 to offset substantial losses accumulated over the past four years. Meanwhile, Ramos remains unattached following his exit from Monterrey, leaving questions about his own professional future unresolved.