Sergio Ramos group ‘to cut’ Sevilla bid by 25% if relegated | OneFootball

ABC and Zona Mixta report that Sergio Ramos and Five Eleven Capital have tied their final Sevilla bid to top-flight survival, with a 25% reduction if the club go down, taking the price from €450m to just over €300m.

The sale process has entered a decisive phase amid on-pitch uncertainty, a scenario that would reshape expectations for the biggest shareholders.

Zona Mixta adds that due diligence is set to conclude just before the Feria de Abril week, a review that will frame the final offer. The investors’ interest is said to be firm regardless of division, though a Segunda season would force an immediate adjustment.

ABC Sevilla says both sides signed a letter of intent in January, including a 25% relegation penalty. In practice, the share price would slide from €3,500 to €2,500, cutting José María del Nido Benavente’s take by about €30m versus the original plan.

The initial proposal accounted for net debt of about €88m, and Five Eleven Capital want safeguards against the loss of elite TV revenue and brand value that relegation could trigger.

A key meeting between Ramos’s camp and Sevilla’s major shareholders is scheduled for Tuesday 15 April to formalise a legally cleared proposal, Mundo Deportivo reports. Any agreement next Tuesday would begin a deep overhaul of the club’s power structure.

Source: La Colina De Nervion