Wednesday briefing: Sergio Ramos-led group reach €444 million Sevilla acquisition agreement
Wednesday briefing: Sergio Ramos-led group reach €444 million Sevilla acquisition agreement
IMAGO
13 May 2026 - 4:30 AM
A consortium led by former Real Madrid defender Sergio Ramos have reached an agreement in principle worth around €444 million to acquire Sevilla, according to The Athletic. The group entered a three-month exclusivity period in January to negotiate a deal for the LaLiga club.
The agreement was reached on Tuesday following due diligence and shareholder discussions on Monday. The consortium is backed by investment fund Five Eleven, with Ramos acting as the public face of the bid.
The purchase must still be completed by late May or early June, with the consortium required to provide the capital needed to finalise the transaction. A financial guarantee has already been presented as part of the process.
Sevilla face relegation battle
Sevilla are 13th in LaLiga with three matches remaining in the 2025/26 season and sit three points above the relegation zone.
The club have endured a difficult domestic campaign after several years of financial and sporting instability.
Florentino Perez calls Real Madrid elections and plans new presidential bid
Real Madrid president Florentino Perez has called fresh elections at the club and confirmed that he will stand again for the role during a hastily arranged press conference on Tuesday.
Speculation had emerged ahead of the appearance that Perez could resign from the position he has held since 2009, following his earlier spell as club president between 2000 and 2006. Instead, Perez opened the briefing by stating that he would remain in office and contest the next election.
The 79-year-old said he had asked the club’s electoral board to begin the process for new elections, adding: “Those who want to come out and stand against me, they can. I am also going to stand to defend the rights of our members.”
Dismisses rumours over his health
During the wide-ranging appearance, Perez also addressed rumours concerning his health after reports circulated claiming he was seriously ill. He denied the claims and said he remained in “perfect health” while continuing to lead both Real Madrid and his construction group ACS.
Perez has been elected unopposed in each of Real Madrid’s past four presidential elections, which were held in 2013, 2017, 2021 and 2025. The current board will stand again in the forthcoming vote.
Lyon post €187 million first-half loss for 2025/26 season
Olympique Lyon recorded a net loss of €187 million for the first half of the 2025/26 season, according to the club’s latest financial statement. The deficit widened by 59 per cent year on year, while negative equity doubled to €348 million between July and December.
Revenue declined 8 per cent to €76 million despite Lyon competing in the Europa League. Matchday income rose 25 per cent to €22 million, matching the club’s broadcast revenue as Ligue 1’s domestic media market continued to affect distributions to clubs.
Commercial income remained stable at around €15 million. Lyon also generated €45.3 million from player transfers, producing capital gains of €23.4 million, broadly in line with the same period in 2024/25.
Debt rises to €616 million
Lyon cut staff costs by 39 per cent to €60.4 million as the club continued cost-reduction measures linked to their financial difficulties. Other operating expenses fell 22 per cent to €38.5 million during the reporting period.
The club said amortisation and provisions reached €158.6 million, three times higher than a year earlier, contributing to the increase in losses. Net financial debt also rose 19 per cent to €616.3 million.
Eagle Football Group, which owns Lyon and is chaired by Michele Kang, said uncertainty remained following the appointment of a judicial administrator to holding company Eagle Football Holdings Bidco.
Southampton could face play-off sanction over spying charge
Southampton could be hit with a sporting sanction rather than a financial penalty if they are found guilty of breaching EFL rules over alleged spying before their Championship play-off against Middlesbrough, according to The Times.
Clubs now expect sporting sanctions to apply in spying cases after the EFL introduced a specific rule in June 2019 banning observation of an opponent’s training session within 72 hours of a match.
If Southampton are found guilty, possible punishments could include forfeiting a place in the play-off final or being deemed to have lost the first leg 3-0. Should Southampton fail to reach the final, another option could be a points deduction for next season.
Targets ruling before final
The EFL is aiming for the disciplinary process, including any appeal, to be completed before the Championship play-off final on 23 May. An independent panel will decide the timetable, although the league wants the case resolved before the final takes place.
Middlesbrough complained about alleged unauthorised filming on private property before Saturday’s first-leg semi-final at the Riverside Stadium, which finished 0-0. Southampton were charged by the EFL on Friday following the complaint.