Sevilla shareholders accuse Sergio Ramos of fraud and seek damages after deal collapses | OneFootball

Sevilla’s leading shareholders have accused Sergio Ramos, his associates and Five Eleven of breaching a binding sale agreement, altering terms and damaging the club. In a statement they said they served notice this morning demanding the contractual penalty, warning of fraudulent conduct claims and ordering an immediate halt to any confidentiality breaches, hours before the defender’s 17:00 news conference.

On 26 January 2026 two major blocs agreed to sell up to 85% of Sevilla’s share capital, with others joining later, on terms including a cash price per share and a post-transaction €80 million capital increase.

Due diligence began on nine February, ran 45 days plus two reporting weeks, and concluded on 13 April after extensive club access. The audits were described as satisfactory.

On 11 May the parties reaffirmed the deal after sellers accepted deferred payment and a lower price. Those changes were linked to the entry of Mexican group DMI, with three initial backers, none of them DMI.

The collapse came on 27 May, days before exclusivity expired on 31 May, when Ramos and his advisers said they would not comply. DMI was then presented as the sole investor, with other backers, including Five Eleven, gone.

The conduct is characterised as disrespectful and unbecoming of a figure such as Ramos, with deception alleged over months. A rival narrative is rejected as a confidentiality breach, and the €80 million capital increase reiterated as a seller requirement. Talks with other groups have restarted and the board will continue stabilisation measures.

Source: El Periódico Mediterráneo