Real to use Owen cash in bid for Sevilla's Ramos

August 31, 2005
By Simon Baskett
MADRID, Aug 31 (Reuters) - Real Madrid used the funds from the sale of Michael Owen to buy Spanish international defender Sergio Ramos out of his contract with Sevilla for 27 million euros in a last-minute transfer deal on Wednesday.

The player's brother deposited the money with the Spanish Professional Football League (LFP) just 10 minutes before the transfer deadline expired at 2300 GMT.

"Real Madrid and the player Sergio Ramos deposited the buy-out clause after an assurance ...

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