Originally posted by chargeroo
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Dea Spanos vs. Dean Spanos
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Originally posted by jamrock View Post
So you’re in the devil you know campTHE YEAR OF THE FLIP!
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Originally posted by like54ninjas View Post
It was said jokingly.
You are a lawyer. Things make much more sense now.
And if I knew that your having knowledge of my profession would have locked the universe into place for you, I would have been sure to have mentioned it long ago. It was not a state held secret.
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Originally posted by chaincrusher View Post
As it turns out, I am an attorney and get to play one on most days, but I have only had limited exposure to the alleged facts of this case--just what I have read in articles.
And no, I do not think you can just go to the Charger market and buy a 24% stake in the team like a loaf of bread at the grocery store.
My understanding is that any new owner that is not a family member must seek and obtain the approval of the NFL before any such person can become an owner. That is an NFL rule, not a legal rule.
Within the trust, Dean Spanos maintains that there exists a right to buy out any other trustee if the other trustee wants to sell. I have read that and such a limitation makes sense if Alex Spanos wanted the team to remain in the family, but I am not in a position to confirm that with certainty.
As to each sibling's separate 15% stake in the team, I have read nothing about any limitations regarding the sale of any such ownership interest (other than the one discussed above that is imposed by the NFL).
By the way, congrats to you if you can get your hands on $624M.
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I see two scenarios
1. NFL wants to push Dean out, this is their plan to force it. I find this scenario very unlikely, they don’t need this headache right now
2. She’s on her own, she wants hers and this whole charity crap is her lawyer’s idea to extricate her cash from the trust. This is the likely scenario, and for this case the mighty NFL will stomp this fire out like a matchstick in an ice cube on behalf of Dean“Less is more? NO NO NO - MORE is MORE!”
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Originally posted by dmac_bolt View PostI see two scenarios
1. NFL wants to push Dean out, this is their plan to force it. I find this scenario very unlikely, they don’t need this headache right now
2. She’s on her own, she wants hers and this whole charity crap is her lawyer’s idea to extricate her cash from the trust. This is the likely scenario, and for this case the mighty NFL will stomp this fire out like a matchstick in an ice cube on behalf of DeanChiefs won the Superbowl with 10 Rookies....
"Locked, Cocked, and ready to Rock!" Jim Harbaugh
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