Sergio Ramos, through the Five Eleven Capital fund, has agreed to acquire the majority stake in Sevilla FC for between 400 and 450 million euros. The deal, covering around 60-80 percent of the club, awaits notarization and approvals from LaLiga and the Sports Council.

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Sergio Ramos announced progress on a potential takeover of his former club Sevilla, with news expected in weeks. The 40-year-old defender leads a consortium backed by Five Eleven Capital. An ownership change comes amid Sevilla's fight against LaLiga relegation.

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