Spanish defender Sergio Ramos, 39 years old, was presented as a member of the group of investors negotiating the transformation of Esporte Clube Juventude into Sociedade Anônima from Futebol (SAF). The revelation took place during a virtual meeting held on Tuesday, February 3, 2026, between representatives of the Rio Grande do Sul club and Five Eleven Capital.
The European company has been dealing with Juventude for around two years. The involvement of Ramos adds international weight to the project, which is now progressing in drafting the contractual draft.
The process follows a rigorous bureaucratic procedure, with a detailed analysis of obligations and deadlines. The club hired a specialized office from São Paulo to assist in preparing the document.
Financial proposal details
Five Eleven Capital foresees a total contribution of R$ 150 million directed to the Esporte Clube Juventude association. Desse value, R$60 million would be paid as immediate grants, while the remaining R$90 million would finance renovations at the Alfredo Jaconi stadium and at the Centro of Treinamentos.
The group guarantees an annual budget of 10 million dollars, equivalent to around R$50 million to R$60 million, especially relevant after the team’s relegation to Série B from Campeonato Brasileiro. Pelo minus 75% of the resources would be applied directly to professional football.
The partnership is projected to last 25 years. The association would keep 2% of future sales values of athletes trained or negotiated by the club.
Expected contractual conditions
The contract includes protection mechanisms for Juventude to avoid excessive dependence on the investor. The SAF could be closed in specific situations, preserving the club’s autonomy in adverse scenarios.
Among the clauses discussed are:
- Full compliance with the 25-year validity period;
- Relegation of the team to Série C from Brasileirão;
- Period of five consecutive years without participation in Série A.
These locks were proposed by the club to guarantee exit options. Negotiations are progressing with the exchange of drafts in the coming weeks.
Sergio Ramos’s trajectory in football
Sergio Ramos built a career marked by titles at Real Madrid, where he played for 16 seasons and won four Ligas of Campeões of The defender was also a member of the Spanish team that won the world championship in 2010 and two-time European champion in 2008 and 2012.
Recently, he defended Monterrey, from México, after spells at Paris Saint-Germain and returning to Sevilla, the club that revealed him. Aos 39 years old, has not yet announced official retirement and shares his attention with other business projects.
The Spaniard participates in parallel negotiations for the acquisition of Sevilla with the same investor group. Five Eleven Capital plans to manage up to five clubs in different countries.
Negotiation context in Juventude
The Conselho Deliberativo of the Juventude authorized the continuation of negotiations with the
Currently, this is the only proposal being analyzed by the club. The creation of the new company would keep 10% of the shares with the association, while 90% would be transferred to the investing partner.
The process requires final approval from Conselho after completion of the draft. The club prioritizes investment guarantees in infrastructure and sporting competitiveness.
Expected benefits for infrastructure
A significant part of the contribution aims to modernize Alfredo Jaconi and Centro and Treinamentos. The renovations include expanding capacity, improving pitches and building facilities for youth teams.
These investments meet the club’s long-standing demands to compete at a national level. The financial injection would also help in assembling more competitive squads to return to the elite.
The SAF model has been consolidated in Brazilian football as an alternative for clubs to face financial challenges. Exemplos include successful transformations in other traditional teams.
Investor group strategy
Five Eleven Capital adopts a multiple club management approach in different markets. The project includes a focus on training athletes and commercializing rights, with the main return via player negotiations.
In the case of Juventude, the group values development potential in the Sul region. The presence of Sergio Ramos reinforces the international credibility of the proposal.
The parties maintain constant dialogue to align expectations. Conclusion depends on final adjustments to the contract.
Remaining process steps
The drafting of the contract represents a decisive phase in the negotiations. Advogados experts review each clause to avoid future ambiguities.
After agreement on the minutes, the document returns to Conselho Deliberativo for a final vote. The club seeks a balance between financial support and preservation of institutional identity.
The expectation is that the first financial exchanges will take place in the coming weeks. The entire process may span additional months.
The involvement of names like Sergio Ramos attracts attention to Rio Grande do Sul football. Juventude carefully evaluates all aspects before formalizing a long-term partnership.
