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Sergio Ramos’ bid to take over Sevilla has been dealt a new blow after the Spanish league denied the validity of the former Spain defender’s claims regarding the league’s role in changing the financial offer to buy the club.
An investment alliance led by the 40-year-old former Real Madrid defender was close to acquiring the Spanish club after reaching an initial agreement worth around 444 million euros, before talks broke down due to differences between the two sides and the attempt ended with the deal collapsing.
Ramos confirmed that the difference between the initial offer presented to the shareholders and the offer sent last Wednesday does not exceed only five million euros. These changes aim to ensure the continuity and stability of the “Seville” club.
But he also pointed out on the latest proposal that “the program had to be adapted based on the recommendation of La Liga and our advisers, who advise us to increase the capital by 120 million euros, not 80 million, until June 30 to ensure the continuity of the club.”
Spanish league sources have confirmed that the meeting, which Ramos relied on to justify changes to his investment proposal, has nothing to do with the financial proposals the former Real Madrid player has been talking about, according to Marca.
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Sources in the association revealed that the aforementioned meeting took place last March, months before the negotiations broke down, and that it did not contain any recommendations regarding the capital increase, the financial value of the proposal or the way it would be financed.
The association emphasized that it is not authorized to guide investors on the figures or financial structures related to the acquisitions of the clubs, given that linking the change of offer to that meeting does not correspond to the facts.
The development comes as a deal to buy Sevilla is witnessing rising tensions after group-led talks involving Ramos collapsed amid accusations being exchanged and responsibilities shifting between parties involved in the deal.
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The decline in the public profile of some of the key partners in the investment project also raised further questions about the future of the whole effort, in light of the uncertainty over the possibility of a resumption of negotiations in the coming period.