Originally posted by Fleet
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Dea Spanos vs. Dean Spanos
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Originally posted by Fleet View Post
Yeah even gifs will create a flame war. Just how extreme its become. I try to run a 100% politics free forum now. lol
Thanks dude.
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California AG Rob Bonta gets involved in Spanos family dispute over Chargers
The ownership dispute within the Los Angeles Chargers is now seeing involvement from the California Attorney General.
According to Daniel Popper of TheAthletic.com, California AG Rob Bonta filed court papers to become involved in the legal filings between Dea Spanos Berberian and her siblings over the future of the franchise. Berberian has sought to have the 36 percent stake of the team controlled by the Spanos trust sold as she claims the team is unable to fulfill its financial commitments to charitable causes due to the debt of the franchise.
Dean Spanos, Alexis Spanos Ruhl and Michael Spanos have stated they will not be selling any aspect of the team and disagree with their sister’s stance about the franchise.
They also disagree on what exactly the AG’s involvement in the dispute implies for the case at hand.
“The AG generally doesn’t do this unless it has real concerns,” Berberian’s lawyer Adams Streisand said. “The AG has the right to support our petition or to file its own petition seeking to compel the sale. It also has the right to take action against the trustees that can amount to substantial civil penalties. The AG can seek to have the trustees removed from office so that trustees can be in place who can be relied on to take appropriate action.”
A named source close to the team told Popper a different tune for the involvement.
“The California State Attorney General traditionally watches out for the interests of California-based charities in these types of cases, to make sure the interests of the charities are protected,” this source wrote in an email. “This is a well-established rule played by the State AG in similar cases.
“The State AG in this case is NOT seeking to intervene — in other words, the AG is not seeking to become a party to the case. … Instead, what the State AG is asking for is to receive notice of everything filed in this case. … The four charities involved here have all agreed/understand that the remaining monies due under the pledges will be paid once the trust settles up with the IRS.”
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Interesting. So two completely different points of view. Dea Spanos is saying the franchise is so broke they can't even honor their charity pledges of money.
Dean, Alex and Michael is saying their is absolutely no problem with financials of the franchise.
I wonder which one is right ?
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Originally posted by PR#1 View PostInteresting. So two completely different points of view. Dea Spanos is saying the franchise is so broke they can't even honor their charity pledges of money.
Dean, Alex and Michael is saying their is absolutely no problem with financials of the franchise.
I wonder which one is right ?
But if you told me Dean mismanaged funds and not in the best shape financially - I probably would believe it
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I'm remembering how happy we were when Klein sold the team to Spanos. Now we know that Spanos isn't much better, if any, than Klein was. If this happens I hope they get a better owner this time.THE YEAR OF THE FLIP!
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Originally posted by Bolt4Knob View Post
Probably like everything - some where in between.
But if you told me Dean mismanaged funds and not in the best shape financially - I probably would believe it
If they get their money then Dean could be right
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Originally posted by chargeroo View PostI'm remembering how happy we were when Klein sold the team to Spanos. Now we know that Spanos isn't much better, if any, than Klein was. If this happens I hope they get a better owner this time.
Even if they do not, the NFL has to approve any new owners and Dean Spanos has been a loyal owner. I could very easily see an attempted involuntary sale to any third party over the objection of a financially capable Dean Spanos being rejected out of hand by the league's owners, essentially forcing a sale to Dean Spanos or no sale at all.
This is a non-issue.
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