Sevilla has new owners. The club is no longer owned by José María del Nido and the Carrión, Alés, and Castro families, historical shareholders of the entity, it now belongs to an Argentine investment group and is led by a company previously unknown with a tax base in Malta. The visible face of the operation is Sergio Ramos, but behind it, there is a consortium of discreet financial profiles. For 450 million euros minus the club's net debt, estimated at 85 million, the holding has taken control of the sixth-best team in the historical ranking of La Liga, the seven-time Europa League champion, but... Who is really behind it?
As reported by 'El Confidencial', a significant part of the money comes from the Werthein family, one of the wealthiest in Argentina, with businesses in multiple sectors and even political involvement in the Government of Javier Milei -Gerard Werthein was his Foreign Minister-. With the intermediation of JB Capital Markets, the firm of Javier Botín, brother of Ana Botín, the Wertheins bid months ago for the entity and supported by a Mexican investment fund - details of which are unknown - they will now put it in the hands of a compatriot, Martín Ink, and his company, Five Eleven Capital.
"A business ecosystem focused on football," defines itself on its website, although the "ecosystem" is still taking its first steps. Founded just two years ago, in January 2024, Five Eleven Capital is a company that aims to control several football clubs as the City Football Group does, which controls Manchester City, Girona, New York City, Melbourne, and many others. The idea is for the teams to operate autonomously within the same system, with the same financial structure, the same methodology, and even the same talent, benefiting each other. Before approaching Sevilla, the emerging group had already temporarily acquired a stake in the Hungarian Debrecen, had acquired a part of the Brazilian Esporte Clube Juventude, and had participated in the sale of Espanyol by the American businessman Alan Pace. With the Seville club now breaking into the elite, the ambition of its founder, Ink.
Born in Argentina in 1974 and graduated in Business Administration from the Argentine University of Business (UADE), Ink was a manager of several Argentine companies such as the agricultural Goyaike or the consultancy Euro-Latin Capital until he immersed himself in football through projects. First, he created a fan social network called Hinch.as, then he promoted the Legends museum project in Madrid with his compatriot Marcelo Ordás, and finally, with all the contacts, he created Five Eleven Capital.
Alongside him at the top of Five Eleven is Andrés Tortarolo, co-founder and Chief Revenue Officer, also CEO of Vanquish Sportainment, a Madrid agency that manages the image rights of footballers like Enzo Fernández and Moisés Caicedo, both at Chelsea, and then there is Marc Boixasa.
Marc Boixasa is the Chief Football Officer of Five Eleven Capital and the candidate to lead the sports area of Sevilla once the sale is completed, replacing Antonio Cordón. A native of Barcelona, with experience precisely in several clubs of the City Football Group, at City, he was one of the main collaborators of Pep Guardiola as Chief Operating Officer. From Manchester, he moved to Burnley, where he met its president Alan Pace, who would later become the owner of Espanyol, but what he did before is almost more important. Boixasa already worked at Sevilla between 2008 and 2009, in the marketing department, as a Football Executive, so he will not enter the club as a stranger.
The connection between Five Eleven and Sevilla also has another rather curious point of union. Antonio Cordón was part of the holding before joining Nervión in June 2025, and his arrival built a bridge between the fund and the club that on Tuesday resulted in the purchase of the entity. With Sergio Ramos as the flag bearer and the money from a multimillionaire Argentine family, Martín Ink, the creator of the largest football museum, and Marc Boixasa, who was a collaborator of Guardiola, will be the architects of the new Sevilla.