I did a little more digging and sister Alexis stated if sister Dea Spanos Berberian wants out, the rest of the family (3) will buy her out. Interesting twist but it does not answer the question why the trust is insolvent and $22 million short in obligations if she stays on as an owner. The Dea Spanos probate case was "stayed" until the two arbitration cases are heard. One case is in the NFL's arbitration process and the non-Chargers related Trust matters are being handled outside of the NFL.
https://ca-times.brightspotcdn.com/3...-statement.pdf
STATEMENT OF ALEXIS SPANOS RUHL, MICHAEL SPANOS AND DEAN SPANOS April 1, 2021
Our parents, Alex and Faye, wanted the Chargers to be part of the Spanos Family for generations to come. For the three of us the Chargers is one of our family’s most important legacies, just as it was for our parents. Unfortunately, our sister Dea seems to have a different and misguided personal agenda. If Dea no longer wishes to be part of this family legacy, the three of us stand ready to purchase her share of the franchise, as our agreements give us the right to do. In the meanwhile, the operations of the Chargers will be entirely unaffected by this matter, which relates only to the 36 percent share of the team that was owned by our parents. The three of us are entitled to three-fourths of that 36 percent share in any event, and under no circumstances will this situation impact control of the franchise. The three of us will remain firmly united as we seek to fulfill our parents’ wishes to make every decision in the best interests of the Los Angeles Chargers.
https://ca-times.brightspotcdn.com/3...-statement.pdf
STATEMENT OF ALEXIS SPANOS RUHL, MICHAEL SPANOS AND DEAN SPANOS April 1, 2021
Our parents, Alex and Faye, wanted the Chargers to be part of the Spanos Family for generations to come. For the three of us the Chargers is one of our family’s most important legacies, just as it was for our parents. Unfortunately, our sister Dea seems to have a different and misguided personal agenda. If Dea no longer wishes to be part of this family legacy, the three of us stand ready to purchase her share of the franchise, as our agreements give us the right to do. In the meanwhile, the operations of the Chargers will be entirely unaffected by this matter, which relates only to the 36 percent share of the team that was owned by our parents. The three of us are entitled to three-fourths of that 36 percent share in any event, and under no circumstances will this situation impact control of the franchise. The three of us will remain firmly united as we seek to fulfill our parents’ wishes to make every decision in the best interests of the Los Angeles Chargers.
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