Sevilla Deal Valued at €444m Delayed by Share Issues

Ten days have passed since a preliminary agreement between Sevilla Football Club and investment firm Five Eleven was signed. The transaction is currently being slowed by problems with the share structure. The agreement values Sevilla at €444 million. This figure reflects the club's market appraisal as reported by the parties. The €444 million valuation must be offset by the club's existing liabilities. The outstanding debt will be subtracted from the purchase price. Among the liabilities, the loan from CVC amounts to roughly €100 million. This figure is a significant portion of the total debt. After deducting the €100 million CVC loan and other debts, the net amount payable to the current owners will be lower than the headline valuation. The exact net figure has not been disclosed. The unresolved share issues mean the finalisation of the sale could be postponed. Observers expect the parties to address the share structure promptly to complete the transaction.