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Dean Spanos' sister asks L.A. court to force Chargers sale - Vimarsana News

Dean Spanos' sister asks L.A. court to force Chargers sale

Print In an attempt to force the sale of the Chargers, a sister of controlling owner Dean Spanos filed a petition in Los Angeles County Superior Court on Thursday arguing that mounting debt has imperiled the family’s finances and the only solution is to put the NFL franchise on the market. The petition by Dea Spanos Berberian, who serves as co-trustee of the family trust along with her brother, alleges the trust’s debts and expenses exceed $353 million. In addition, according to the filing, the trust doesn’t have a plan to pay more than $22 million it has pledged to charities.

Dean Spanos' sister petitions court to force Chargers' sale - Vimarsana News

Dean Spanos' sister petitions court to force Chargers' sale

Dean Spanos' sister petitions court to force Chargers' sale Follow Us Question of the Day By JOE REEDY - Associated Press - Thursday, April 1, 2021 LOS ANGELES (AP) - The sister of Los Angeles Chargers controlling owner Dean Spanos is petitioning a California court to put one-third of the team’s ownership stake up for sale. Dea Spanos Berberian filed a petition Thursday in Los Angeles County Superior Court contending that mounting debt from the franchise is creating an estimated yearly loss of at least $11 m...

Spanos siblings say they won't sell Chargers - Vimarsana News

Spanos siblings say they won't sell Chargers

Spanos siblings say they won't sell Chargers By Zac Wassink  |  Last updated 4/1/21 Earlier on Thursday, reports surfaced that Dea Spanos Berberian had requested that Los Angeles Chargers owner Dean Spanos and her other two siblings agree to sell the NFL franchise to offset massive amounts of debt linked with the family trust.  "Every day that passes increases the risks that the charitable beneficiaries and the Spanos family legacy will suffer irreparable financial and reputational damage," she wrote in a petition.  Dean Spanos, Alexis Spanos Ruhl and Michael Spanos resp...

Chargers owner Dean Spanos' sister petitions court to force sale of team over mounting debt - Vimarsana News

Chargers owner Dean Spanos' sister petitions court to force sale of team over mounting debt

Chargers owner Dean Spanos's sister petitions court to force sale of team, saying that her brother's reckless spending has resulted in $353 million in mounting debt for the family trust The daughter of late Chargers owner Alex Spanos has filed a lawsuit in a bid to force the family trust's sale of the Los Angeles-based NFL franchise Dea Spanos Berberian says the reckless spending by her brother Dean, the team's controlling owner, has resulted in $353 million in debt for the family trust The budget shortfall is so bad, Berberian claims, that the family trust might be forced to renege on $22 mi...

2 Top Stocks to Buy in March | The Motley Fool - Vimarsana News

2 Top Stocks to Buy in March | The Motley Fool

Disney and Six Flags stand to benefit from the rapid decline in coronavirus infections in the U.S.

Source: fool.com