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拉莫斯收购塞维利亚谈判终止 该收购案正式声明失败

24直播 发布时间：2026-05-28 16:56:00
拉莫斯收购塞维利亚谈判终止 该收购案正式声明失败

业内5月28日讯 据报道，由传奇球星塞尔吉奥·拉莫斯联手阿根廷投资基金Five Eleven Capital收购西甲塞维利亚俱乐部的谈判正式宣告破裂。这场持续近五个月、一度接近收官的收购案，因买方临时大幅修改交易方案、报价严重缩水，引发塞维利亚股东方强烈不满，最终在关键会议上被当场终止，拉莫斯“回归母队、成为老板”的梦想就此破碎。

此前塞维利亚俱乐部深陷财务与管理双重危机，战绩起伏不定，高层动荡频繁，大股东寻求出售俱乐部以解决困境。作为塞维利亚青训出身的传奇后卫，拉莫斯于2025年12月31日联合Five Eleven Capital成为优先收购方，并签署排他性优先协议，获得对俱乐部财务、法务、运营的全面审计权，为期近五个月 。双方在2026年1月达成初步意向，敲定核心方案：总投资约4.5亿欧元，收购俱乐部85%股份，承担约8800万欧元净债务，并额外增资8000万欧元用于球队重建与运营，意向书有效期至5月31日。此后数月，拉莫斯团队完成全面尽调，双方一度被认为将在赛季末正式签约，拉莫斯本人也多次公开表达回归母队、带领俱乐部重返巅峰的愿景。

本周三上午，双方在塞维利亚市中心一家酒店举行最终敲定会议。拉莫斯团队突然撤回此前已达成共识的方案，抛出一套完全重构、大幅缩水的新交易结构。新方案核心内容为：放弃原计划收购的8.6万股，仅保留约3万股股份收购；不再以高价收购majority股权，转而通过1.2亿欧元增资获取42%股权，再追加1亿欧元收购18%股权，合计以约2.2亿欧元总投入获取60%控制权。此举意味着，买方直接向原股东支付的金额从2.9亿欧元骤降至约1800万欧元，其余资金全部以增资形式投入，原股东几乎无法通过出售股权获得足额回报。现场消息人士透露，塞维利亚大股东代表当场表示“震惊与背叛”，直言“五个月的信任与尽调被辜负，对方想用1亿欧元拿下整家俱乐部”。

谈判破裂的直接原因，是拉莫斯团队的方案调整触碰了卖方核心利益底线，同时引发对其资金实力与诚意的严重质疑。塞维利亚方面认为，近五个月排他期内，他们拒绝了其他潜在买家，全力配合尽调并做出多项让步，最终却换来报价腰斩、结构大变，本质是利用排他期压价、转嫁风险。此外，卖方对Five Eleven Capital的资金来源与偿付能力产生疑虑，尽管拉莫斯团队提交了墨西哥某家族的担保，但仍无法打消股东对其能否足额、按时付款的担忧。而拉莫斯团队事后解释，调整方案是基于尽调中发现的俱乐部隐性债务与运营风险，为降低自身风险、确保长期运营可持续，并非恶意压价，但这一说法未被塞维利亚方面接受。

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      64. #63 /home/wwwroot/haiyingfm.com/lecms/xiunophp/tpl/sys_trace.php
      1. #0 paginator 类
      2. #1 utf8 类
      3. #2 image 类