The Battle in the Boardroom

I will take him over Orta. Orta was a walking disaster just like at Leeds. The sooner he leaves the better! Haha

5 Likes

There is an apparently interest from Lappi to try take over the club. There is interest from Pastor too but that interest isn’t as strong at moment.

The issue as mentioned above that this can only really happen if all the main Sevilla shareholders agree to sell. If that doesn’t happen it will be very difficult to see any change in the short term.

There are a few roadblocks in the way of any potential buyer sadly.

1 Like

https://www.fbi.gov/contact-us/field-offices/newyork/news/founder-and-cfo-of-investment-firm-777-partners-charged-with-500-million-fraud-scheme

2 Likes

Surprised to see so little engagement with the above from @ChrisLail . I’ve put a bit of thought into what effect this does/doesn’t have on the club. Here’s my rough take.
The Money Was Already Gone (The ‘Old’ Misery)
First off, anyone who thinks this FBI news changes our day-to-day budget is missing the point. We’ve been living with the 777 collapse for at least 18 months.
All the misery of the last two seasons—the chaos, the bad transfers, the slide down the table—that was the result of 777 being broke. They’ve been a black hole of money for a long time. The public knew they were insolvent when their Everton deal collapsed in mid-2024. The club’s creditors and our own board definitely knew.
So, the FBI confirming 777 was broke isn’t news. We’ve been paying the price for that on the pitch for a while.

So Why Does This FBI News Matter? (The ‘New’ Misery)
This indictment matters because it changes the problem from “our partner is broke” to “our partner is an indicted federal criminal.”
Those are two very different, and much worse, problems. It creates two new headaches:

  • The Del Nido Family Ownership Nightmare Just Got 10x Worse.
    • Before: This was a “simple” bankruptcy. A court would just auction off 777’s shares to the highest bidder. Messy, but standard.
    • Now: The US Department of Justice is involved. Those shares aren’t just an “asset”; they’re the “proceeds of a crime.” This means the Feds are now part of the process. It’s a legal and PR nightmare. It will take longer to resolve, and it will scare off potential new buyers who don’t want to get tangled up in a federal fraud case. It just pours gasoline on the boardroom civil war.
  • We Are Now Toxic by Association.
    • Before: Our problem was, “We have a broke partner, we need new money.”
    • Now: Our problem is, “We have a partner who is an indicted criminal.”
    • Think about our sponsors (like Adidas), our banks, or any company we do business with. Their legal departments are freaking out right now. They don’t want their brand next to “FBI,” “fraud,” and “500 million scheme.” They will be demanding audits and assurances that our books are clean. It makes the entire Sevilla FC brand look unstable and radioactive.
      So, in short: The money has been gone. That’s not new. But the process of getting rid of 777 and cleaning up their mess just got massively more complicated, toxic, and expensive.
4 Likes

While I value the dialogue and the details of this “new” news, we should acknowledge that Sevilla’s image has been affected by criminal associations since 2013. Consequently, I don’t anticipate this indictment will have a major effect on sponsorships. Instead, its most significant impact may be in accelerating the long-pending process of new ownership. This acceleration is already suggested by the recent proposal from the Sevilliano, Lappi, and his partners to purchase the Del Nido family shares. The article’s reference to interested foreign investors further supports this, suggesting the club is now a prime target for acquisition.

3 Likes

The latest I hear is this American fund might be able to buy them all out. However, del nido senior is willing to accept a lot less for his shares provided they make him president for next 3 years.

The Americans offer apparently is higher than Lappi’s. As they got more money but we will see how it ends up.

Del nido being the largest shareholder still has a trick up his sleeve to try get the presidency back under new ownership if it not lappi.

He still got ties to 777 as well to use. His strategy also would be for socu to seize the package in Madrid due to Genoa debts. No doubt he will try any angle to get a majority or more shares to give him leavrage over new owners. It all a tangled web of mess and pacts! lol

It crazy to think Pepe Castro gravy train might finally be ending. He dined out on the current board all the way back with del nido in about 2000 or maybe even slightly before in late 90s. He been on the board for over 25 years. It will feel weird with him not there but he done very well out of it trophy wise and financially.

That said he has did great things for the club especially as president from 2013-2023 and been vice president too. That said it seems it might finally end soon if sale goes through.

1 Like

José Gonzålez-Dans steps down as CEO of Sevilla FC

Sevilla FC and JosĂ© GonzĂĄlez-Dans, until now the club’s CEO, have ended their employment relationship.

Sevilla FC would like to express its gratitude to GonzĂĄlez-Dans for his dedication and commitment during this year at the club and wishes him all the best in the future.

It’s almost one year to the day that he began his employment with the club.

Hmm
fishy

I very tried to read the full comments but Idk well

Is this about sevilla’s financial problem and something about manger problems?

1 Like

Yes and Yes! Or as Del Nido is fond of saying, si o si.

I asked Gemini to summarize it for you:

The forum topic, “The Battle in the Boardroom,” on the Monchi’s Men Sevilla FC forum discusses the long-running and intense power struggle within the Sevilla FC management.

The thread, spanning hundreds of posts (up to post 257), primarily focuses on:

  1. The Castro vs. Del Nido Feud: The central conflict is the ongoing battle for control between the club’s current president, JosĂ© Castro, and former president JosĂ© MarĂ­a del Nido Benavente. Del Nido, who served time in prison for an unrelated tax matter, has been actively fighting through legal and shareholder means to reclaim his position and oust the current management.
  2. The Role of 777 Partners: Discussions include the involvement of the American investment group, 777 Partners, which acquired a significant minority stake in the club. They aimed to gain a controlling interest and push for reforms to increase revenue (like improving stadium VIP boxes and marketing), but their attempts to take over or stabilize the combative boardroom have been hampered by the existing internal feuds.
  3. Legal and Shareholder Disputes: The thread chronicles the various legal rulings, extraordinary general meetings, and attempts by Del Nido to compel the board into emergency shareholder meetings to gain voting power and dissolve the executive committee.
  4. Financial and Sporting Instability: Members express concern that the constant infighting and lack of commitment from the board are causing financial instability (mentioning debt and annual losses following previous profits) and damaging the club’s growth and sporting projects, including uncertainty over the future of key figures like the former sporting director, Monchi.
2 Likes

ÂĄOh gracias! Thank you so much

No problemo. Hopefully that helps. Basically a mess.

1 Like

These rumors are popping up again. Who is ready to be a farm team for Liverpool? I know our current situation is not great, but I don’t see this as the solution. As if we have any say
lol

https://orgullobiri.com/fenway-sports-group-cerca-de-comprar-el-sevilla-fc/#google_vignette

There was just a discussion of farm teams on The Football Show on Sirius XM FC this week. If you look at the numbers, it’s actually pretty uncommon for the “farm” teams to be used that way. The biggest benefit is a branding opportunity for the “larger” team in the brand.

That being said, I’d rather be independent than part of a multi-club brand, but not at the expense of our integrity. What we have now is laughable, and anything will be an improvement.

Does anyone think this is castro’s last season on Sevilla board?

From that shareholders meeting they seem to have no intention to sell to anyone.

It all might just be smoke. Del nido Junior, Castro and families might be here sometime yet. Probably 2027 and beyond.

They didn’t even respond to lappi offer. They keeping Del Nido Senior out and no interested in accepting any other foreign offer as it stands.

Not sure the validity of this rumor, or if this is even a connection to be made, but FSG has sold off their stake in the Pittsburgh Penguins

https://x.com/frank_seravalli/status/2001353063257567372